Nottinghamshire
Development Exit Loan
- Loan
- £1.085m
- LTV
- 75%
- Product:
- Bridging Finance
- Borrower Type:
- SME Developer
Our client who recently completed a development scheme of 6 units within a new development in Nottingham, required an equity release across 3 of the unsold units, and additional marketing period.
We managed to secure a market-leading rate, extended their financing for an extra 12 months, whilst also raising additional funds toward their onward site acquisition.
