Development Finance

Development Finance is used for construction projects, the majority of these projects will be to create new houses and apartments but it can also include commercial units, mixed-use transactions (eg a retail unit on the ground floor of a building with apartments being developed above) and larger scale conversions eg offices to apertments etc.

At Able we work with a number of specialist lenders in this sector and are able to structure a facility best suited to the clients needs now and in the future.

Product Features

  • Market Leading Rates ( Interest rolled up )
  • Max Loan £20 million
  • LTV - 90% LTC including 100% of Build not to exceed 70%of GDV
  • Mezz Funding
  • Stretched Senior
  • Equity
  • JV,s
  • Experienced Professionals