Development Finance for a 25-Home Residential Development Near Dublin

Positive Commercial Finance specialises in arranging Property Development Finance for developers with ambitious projects. This case study shows how we secured a flexible funding facility to support the construction of 25 new homes near Dublin, helping an experienced developer move quickly and establish a long-term lending relationship.

The Challenge

Our client was an experienced property developer based in Ireland who had owned a development site just outside Dublin for several years.

After successfully obtaining planning permission, they decided the time was right to begin construction on a scheme of 25 new homes.

Work had already started on site, so securing funding quickly was essential to maintain progress and keep the build programme on schedule.

The client also wanted more than just a loan. They were looking for a lender who could:

• Support a large residential development.
• Offer a flexible approach to funding.
• Build a long-term lending relationship.
• Complete the transaction without unnecessary delays.

Our Solution

Positive Commercial Finance identified a specialist development finance lender with experience funding larger residential schemes.

We matched the client with a lender that shared their long-term approach and could provide the flexibility needed as the development progressed.

Because construction had already commenced, we worked efficiently to progress the application and minimise delays.

The result was a competitive Development Finance facility that gave the client the confidence and funding needed to continue building the scheme.

Deal Structure

• Loan to Gross Development Value (LTGDV): 70%
• Loan Amount: €3,050,000
• Interest Rate: 8.25% per annum
• Arrangement Fee: 2%
• Exit Fee: None
• Term: 18 months

The Outcome

The client secured a €3.05 million Development Finance facility that enabled construction to continue without interruption.

More importantly, they established a relationship with a lender capable of supporting future projects as their development business grows.

This case study demonstrates how the right Development Finance solution can help experienced developers fund larger residential schemes while benefiting from a flexible lending partner and a streamlined funding process.