DEVELOPMENT FINANCE
Quick Development Finance for your Project
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Development Finance
Property Bridges provides development finance loans to borrowers nationwide. Interest is charged on drawdown and loans are flexible with interest rolled up into a bullet payment on completion.
We have had a variety of successful development finance offerings on the Property Bridges platform which can be found on our invest page.
HEADLINE TERMS
- Time to Drawdown – 6 weeks
- LTC – 90%
- Rates – From 6.5% per annum
- Term – 6 – 36 months
- Size – €1.5M – €10M
- Funding Partner – Aros Kapital
Lending Criteria
Clean Title With the Ability to take First Charge Security
Defined Exit Strategy
85%
Max LTC
A counterparty that has experience in similar developments
Full planning in place
“It’s incredibly difficult to get development finance at present through either the pillar banks or mezzanine lenders, the difference that I see with property bridges is that they are targeting the smaller end of the market, the logic behind the system of putting depositors in touch with developers and doing the due diligences as the middle man is excellent,.
Mel Reynolds
“[Funding] it has changed drastically, before we were with main banks and that doesn’t happen anymore, but with the likes of Property Bridges we find it very easy.”
John Kent
Bridging Finance - Click and find out more!
- Time to drawdown – 4 weeks
- LTC – 70%
- Rates – From 7.5% per annum
- Term – 3 – 24 months
- Size – €1M – €10M
- Funding Partner – Family Office
Under 1.5M - Click and find out more!
- Time to drawdown – 6 weeks
- LTC – 80%
- Rates – from 7.5% per annum
- Term – 6 – 24 months
- Size – €500,000 – €1.5m
- Funding partner – P2P Community
