A first-time property developer approached us looking to unlock capital from an ongoing development. Having successfully built a detached four-bedroom home, they were keen to move quickly on their next project but required a flexible funding solution to support their growth.

The client needed to raise funds against their ongoing project where building regulations sign off had yet to be achieved. As a newer developer, securing the right funding structure was essential to ensure cash flow remained efficient and that capital could be accessed as and when required.

After assessing the client’s objectives, we arranged a £200,000 drawdown facility secured against the ongoing project. The facility was structured to provide maximum flexibility, allowing the client to draw funds as needed and pay interest only on the amount utilised rather than the full facility limit. This approach reduced unnecessary borrowing costs while ensuring funding was readily available for future opportunities.

By securing a tailored funding solution in just 38 days, we helped a first-time developer release capital from a ongoing  project and position themselves for their next development opportunity with confidence.