Development Finance and Construction Funding

Positive Commercial Finance is the specialist broker for Development Finance and Construction Funding. We can facilitate development funding of up to 100% of the land purchase costs and up to 100% of the property development costs. This is typically between 70-85% of the total project costs but is assessed on a case by case basis. 100% Property Development Finance can be achieved in a variety of ways from various lenders based both in the UK and around the world. 100% Development Finance can be sourced from a specialist property funder or by using a Senior Debt Lender such as a high street bank and a Mezzanine Property Finance funder - the two combining to achieve 100% property development finance.

We pride ourselves on our flexible property development funding solutions and together with our provision of specialist property funding for short term property transactions, we will do all we can to help you grow your business. 100% Property Development Funding can be arranged for short term projects (typically up to 18 months). The short term 100% property development finance funding can be arranged quickly and can help property developers move fast to gain a competitive advantage over other property developers.

Positive Commercial Finance offers Worldwide 100% Property Development Finance. Positive Commercial Finance has various financial institutions that operate internationally and can provide 100% Property Development Finance for the following project types: Residential Developments (100% finance available), Commercial Construction Funding - up to 100%, Hotel Development Funding, Hotel Construction Funding - up to 100%, Holiday and Vacation Resort Finance - involving apartments and commercial elements at 100%. Facilities can be arranged in most major currencies.

Positive Commercial Finance can also arrange development funding (up to 100%) on our Large Loan Scheme. A large loan has a minimum loan amount of US$50m. The Large Loan Scheme may include conventional and unconventional funding by the use of structured finance, debt, equity and private placement. The Large Loan Scheme is available internationally for property developments.

Property Development Loans are available for Residential Developments, Residential Refurbishments, Residential Conversions, Mixed Residential/Commercial Schemes, Residential Bridging and Commercial Schemes. 100% funding is available for all the above types of property development finance.

Interest can be rolled up, where the interest is not paid monthly but added to the loan and paid and the end of the development.

Interest rates for property development finance facilities would depend on the development, the builders experience and the amount of capital introduced to the development by the developer. The higher the lender considers the risk, the higher the interest rates will be. The higher the loan to value the funding is, the higher the cost. Pre-sales may help reduce the cost of borrowing.

Loan sizes are from Ł50k to Ł750m for development finance.
Facilities are generally between 6 and 18 months on short term facilities.
Long Term Facilities for large loans up to 10 years for development finance.
1st legal charge is required for development finance facilities.
Directors Personal Guarantees may be required.

Pick up the phone now or send us an email to outline your proposal or request for development finance – we will give you a no obligation development finance quote within an hour

100% development finance funding for 21 apartments in Bolton.
1.5% arrangement fee and 1.5% exit fee with the interest at 2.5% over base. Additional security in the form of an unencumbered property was provided.

100% development funding for Hotel/Apartment Complex Manchester
A ten year facility was arranged for a developer based in London for a complex situated in Manchester. 100% of costs where achieved. The site had a GDV of Ł178m

Antigua Resort Complex – 100% of development finance costs
Funding for a vacation resort complex in Antigua was arranged at 100% of cost. The complex has a GDV of US$78m and the facility was arranged in US$.

100% Development Funding for 5 Mews Houses and 2 Offices in Lancashire.
No additional security was provided and no pre sales were required. 1.5% arrangement fee and 1% exit fee with interest at 1.6% per month.