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This year we have seen an increase in the number of readers, who are also developers, asking for help to repay commercial development finance on recently completed properties. Then looking to replace the borrowing with loans that fit what they need now post completion.
Every development project is different, but Malcolm Jones (Principal of Brooklands Commercial Finance) has reported the most common reasons for needing to refinance below:
Malcolm and our team regularly help Property Developer readers find the finance that can do all of the above from the start rather than needing to instantly move lender post completion. This can be done using competitive Short Term loan products as members of the National Association of Commercial Finance Brokers.
Short term development product feature include:
If you do need any assistance development finance or any type of property loan please complete the contact form below and we will be happy to help.
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