Senior Debt:
We are able to arrange senior debt up to 70% LTGDV
Mezzanine Finance:
We are able to arrange up to 95% of project costs.
98% Scheme:
We arrange senior debt up to 65% LTGDV and a private investor will sit behind the senior debt provider as a second charge providing up to 98% of project costs. The investor will charge 14% per annum on the investment and take 40% of the project profit. The interest is rolled up into the 40% profit share resulting in approximately 50% of the project profit. If the developer brings the scheme in with a higher GDV or lower costs thereby making extra profit this extra profit will go to the developer.
100% Funding:
If the project is in a location where the property market is moving quickly and the project costs approximate to £2 million, it is possible to obtain 100% of project costs on a 50/50 profit share basis. This facility is available to first time developers such as a subcontractor wishing to become the main developer.