P FD has helped many Housebuilder / Developers replace their existing funding with affordable short-term finance solutions. This new product known as Development Exit Finance is specifically designed to help small to medium
The benefits are threefold: –
- It buys the developer more time to sell at the right price rather than having to discount prices in order to try and repay any existing development loan that’s coming to its end.
- Where a developer is tied
in toa high rate of interest development loan then this facility can produce significant savings as the interest rate is very competitive.
- The developer can refinance existing stock to release capital to aid cash flow or indeed buy profitable sites that would ordinarily have had to pass up on.
Our friendly team not only works with you to agree the best possible deal with a suitable lender, but we also pride ourselves on working quickly, often providing in-principle terms within just 24 to 48 hours. So, if you’re currently reaching the end of a loan period, or you’re on are on a