At Funding Solutions Direct we understand that swift access to funds can provide a significant commercial advantage which is why we work with our lenders to provide short-term funding which can often be arranged within days. This gives our clients maximum flexibility and comfort in knowing funds are available and ready to draw. The legal paperwork and security can all be put in place and when an opportunity arises requiring new money and the borrower can draw down the funds to secure any asset purchase or business investment.
Standard Loan Facility
This is our standard product and terms will be determined upon your individual requirements or level of building experience for developers. For developers, 100% of build cost is usually available with up to 70% of land costs also covered. Loans are available from £100,000.00 to £5m and for 12-18 months duration. Interest is normally serviced monthly but it may be possible to provide a roll up facility on qualifying projects. For developers, build costs are released in stage payments throughout your project which will be monitored by an approved surveyor selected by us. You will also be able to demonstrate a solid exit strategy.
This is designed for those requiring assistance with cash flow and will require a second charge sat behind that of your primary lender. Qualifying projects will have sufficient equity to ensure LTV does not exceed 75% and maximum loan size for this product is £250,000.00. You will also be able to demonstrate a solid exit strategy.