Development finance is used to build new or convert existing properties such as homes, shops, or industrial buildings for investment or personal use. This financing option is available for both experienced and first-time developers.
You can borrow up to 60% of the purchase price for a site, with planning in place or subject to approval. Additionally, lenders may finance 100% of the build cost if it falls within 60-70% of the Gross Development Value (GDV). Loan terms typically range from 12 to 36 months, with exit strategies like property sales or refinancing.
At Go Commercial Finance, we offer expert guidance, fast approvals, and personalised financial solutions tailored to your needs. Our focus on speed, flexibility, and transparency ensures a smooth experience from start to finish.
We provide customised financing options to suit your specific business needs.
Access to a extensive range of UK lenders for various asset types, from standard to specialised equipment.
Quick turnaround on applications, ensuring you can secure assets without delays.
Our experienced team offers guidance to find the most tax-efficient and cost-effective solutions for your business.
Development Exit Finance Exit finance helps developers repay development finance prior to sale completion, potentially lowering costs and increasing profits.
For more information or assistance with your Spanish development project, contact us to explore tailored financing solutions.