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Senior Debt

First charge development facilities with a massive range of options to suit your needs.

Senior Debt development finance is the conventional type of development funding, where the lender takes a first charge and can fund up to 65% of the Gross Development Value, or 80% of project costs, including an interest provision (so interest does not have to be paid monthly). Senior Debt is the cheapest form of development finance, particularly where the borrower can inject a good amount of cash on day one.
 
Whilst a good level of direct development experience can give access to a wider range of lenders, there are lenders who can consider first time developers. 
 
Residential developments are preferred by most lenders, but there are options for mixed use, commercial, and industrial developments, countrywide.

If you want a fast, flexible and reliable service, try
Positive Commercial Finance.

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