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Land Loan
A Sporting Chance!
Location - Hampshire
Property Value - £2,667,000
Loan Amount - £1,000,000
Loan Type - Land Loan
LTGDV - 37%

A skilled and experienced developer purchased a sports field and obtained outline planning permission for the construction of a new “Big Box” shopping centre. Short-term finance was needed to repay an existing loan, fund the planning process and provide working capital prior to commencing construction.

We provided a bridging loan for twelve months which is to be repaid after detailed planning permission is granted from a development facility which we can provide if required.

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