100% Development Finance
Posted on 24th April 2017 at 10:09
Financial Solutions is thrilled to have been appointed by a lender to market its 100% funding facility for building projects!
Put simply: the lender will look after all of the funding - the cost of the land, the development costs, the legal costs and all the pre/post contract work - allowing you, the experienced developer, to focus on the actual development and still take the majority share of profit.
A ‘one-stop-shop’ development solution. One set of legal fees, one relationship, and one monitoring surveyor. All costs amalgamated into one – real savings.
It doesn’t tie up your funds meaning you can turbo-charge your profits through multiple deals.
No need to service debt at any stage - all interest can be rolled up to the end of the project.
One JV funder covering all the costs removes the need for inter-creditor agreements and keeps things simple.
Allows you to take on more projects with all the synergy and profit benefits.
Tagged as: Business Finance
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