Imagine Finance
Development Exit Bridging Loans
Need to exit current development finance quickly? Imagine Finance can help
Development exit bridging loans offer a flexible form of short-term borrowing with lower rates of interest than traditional development finance.
Your initial development finance agreement might be coming to an end before the project is complete, or you may wish to raise capital quickly to start your next project.
A development exit bridging loan enables you to pay off debt on your existing project usually at a lower interest rate than development finance and raise further capital if needed.
It can also prevent delays in starting any upcoming developments or be your exit plan from a venture that is turning out to be unprofitable or does not meet your business objectives.
However, it needs careful consideration – contact Imagine Finance today and let us help you consider your options.
Frequently Asked Questions
What is a development exit bridging loan?
Development Exit bridging loans (sometimes known as sales period loans), are used to pay off outstanding development debts before a project’s completion, such as any remaining unsold plots or simply making final touches.
If the loan that funded the initial project is too expensive, you may be better off refinancing it into a more affordable exit loan. Lower interest rates provide more time to sell off the development and can also offer the cash flow to begin work on your next project.
As a Development Exit bridging loan is a form of short-term borrowing, it can be expected to be paid off once all the properties have been sold.
How can I obtain a development exit bridging loan?
If you are a developer requiring a more cost-effective development exit loan, complete our easy application form.
Once completed, let us do the work as we secure you the best rates and terms for your circumstances
How will you support me through the process?
Imagine Finance has been helping developers obtain development exit bridging loans for more than 30 years.
Throughout the entire process you will deal with one experienced adviser, who will work with you to ensure your deadlines are met.
With our expert advisers on hand to answer any questions, you can be sure you are in safe hands as we secure the most competitive rates, with flexible repayment terms to suit your circumstances.
Contact Imagine Finance today to find out more.
Contact our team today and start turning your dreams into reality.
Mr Wells
