Our short term bridging loans are for purchase, refinance, property improvement or to unlock working capital for business purposes.
This unique overdraft provides you with a flexible drawdown facility giving you instant liquidity and avoids heavy setting-up costs.
Individually structured loans for residential and commercial projects, with finance available for site purchase, construction and fees, refinance, equity release and to provide working capital. Loans are available up to 90% of the site cost.
Flexible first and second charge non-regulated loans available on terms from 3 to 5 years.
We have a commitment to innovation and with the ever changing financial landscape around us we have designed a range of unique Specialist Lending products that solve a range of property finance needs.
Overdraft Loan Buckinghamshire
In the pursuit of a strategic residential development, a developer client found themselves facing a critical financial challenge. The developer had successfully acquired a series of adjoining residential development sites. While the first site was already under construction, the second had obtained outline planning permission, and plans were underway to acquire a third.
As traditional clearing banks were becoming increasingly tough in their support, the developer encountered a pressing need for working capital. This capital was crucial to invest in both the second and third sites, ensuring their readiness for development. The overarching goal was to maintain seamless continuity following the completion of the initial project.
The developer required a solution that would provide the necessary working capital without giving in to the limitations imposed by conventional clearing banks. The ideal remedy emerged in the form of an Alternative Overdraft, secured on the second development site.
This alternative financing approach proved to be a perfect fit for the developer’s requirements. It offered an initial loan, supplemented by the flexibility of further drawdowns when needed. Especially since not all funds were required immediately, aligning seamlessly with the phased nature of the development projects.
This Alternative Overdraft structure provided the financial breathing room essential for ensuring the second and third sites were development ready. This contributed to the overall success of the residential development strategy.
The implementation of the Alternative Overdraft as a financial instrument yielded a favourable outcome for the developer. Accessing funds as needed with the option to repay and redraw, mirrored the flexibility traditionally associated with clearing bank facilities.
This financial agility empowered the developer to navigate the intricate financial landscape of multiple development sites. The interest-only charges on the outstanding balance from time to time further enhanced the financial efficiency of the solution.
Ultimately, the successful deployment of this alternative financing strategy not only addressed the immediate need for working capital. It also positioned the developer for continual success in their complex residential developments.
