Development Finance
Development finance, specifically tailored for the development or refurbishment of residential, commercial, or mixed-use properties, plays a critical role in helping builders and developers transform their construction visions into profitable realities. As a leading development finance lender, Bespoke Commercial Finance provides this essential capital, focusing on projects that promise a significant return upon completion.
Commercial finance brokers at Bespoke evaluate potential loans based on the project’s predicted growth development value (GDV), ensuring comprehensive funding that covers interest, site cost, and construction expenses. To secure this type of property development finance, borrowers must present a clear exit strategy, typically through a sale or a refinancing plan, such as obtaining a mortgage. Bespoke offers flexible financing solutions, with loan terms up to 24 months, tailored to match the development timeline. This financial support is available to individuals, partnerships, and limited companies, affirming our commitment to facilitating commercial development finance across a diverse client base.
Why Opt for Development Finance?
Choosing the right development finance is crucial for builders and developers focusing on larger commercial and residential projects. By leveraging property development finance, you can preserve your liquidity, thereby avoiding the need to tie up significant capital throughout the project’s duration. This financial flexibility allows you to transition swiftly to new projects, enhancing your operational efficiency and potential for growth.
Development finance can improve your return on investment. Initially, the costs associated with financing are offset by the sale profits; however, the real benefit materialises in the long-term, significantly boosting the ROI on the initial investment. Engaging with expert commercial finance brokers like those at Bespoke ensures that you receive not only the necessary funds but also guidance to maximise the profitability of your development projects.
Whether you’re looking to expand your portfolio with a new development project or refinance an existing property, Bespoke Commercial Finance offers tailored solutions in development finance that empower your business endeavours. Our expert team of commercial finance brokers is ready to support your projects with funding solutions that align with your specific goals.
For more information on how Bespoke Commercial Finance can assist with your next property development project, get in touch with UK based finance brokers.
Free Up Your Capital
Helps to avoid tying up your funds in the building project, making it easier to progress with development.
Increased ROI
Expect a greater return of investment (ROI) using less capital.
Staged Repayments
Repayments are made at agreed stages throughout the building project, ensuring adequate cash flow throughout.
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Testimonials
What our clients say
“I have worked with Bespoke for several years now and have built up a very trusting relationship with the team. They’re always professional, deal with customers very fairly and ensure they’re offered the most effective solutions to meet their needs. I have no reservations in dealing with Bespoke and their abilities to provide suitable solutions for customers.
— Scott Campbell
Head of Barclays Business Sales
I have recommended Bespoke’s services to a number of our clients, both that have existing factoring facilities and also to clients who are looking at their financing options. The service provided has always been exceptional and the feedback from these clients has been nothing but praise. I would therefore highly recommend the Bespoke team.
— Tim Pearce
Managing Partner, Haines Watts
We contacted Bespoke as we were looking for an invoice finance facility to support the business due to our fast growth. They didn’t disappoint! They gave us first-class advice and support and within a week had provided us with a choice of competitive funding options. Bespoke worked with us through the decision process and helped us secure a finance facility which was ideal for our business and offers the flexibility for future growth. A-first class service throughout.
— Paul Davison
Director, Nutraformis
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Please do not hesitate to get in touch. We look forward to hearing from you.