Borrowers also have the potential to raise capital for business purposes. Loan amounts range from £100,000 to £5 million with terms from one to 18 months. Additional benefits include no upfront legal undertaking, dual representation, flexible payment options, fast turnaround, a dedicated underwriter, and no exit fees.
EMBED
Have you been let down on an exit? We’ve got a solution ✅
Our dev exit product is back in the spotlight, allowing the repayment of development finance on finished units giving our borrowers capacity to move onto their next project while they find the right buyers. pic.twitter.com/M2oAwGCgW9— Hope Capital (@HopeCapital) July 1, 2024
“Often, once a borrower has a project which has completed, there will be a limited amount of time to sell the property and subsequently, pay back the loan,” said Kim Parker (pictured), head of sales at Hope Capital.
“Our development exit finance option can therefore be used to raise capital quickly and provide the borrower with vital breathing space to sell the property, while tying up their existing finance obligations.”
