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Development Finance Options
The economy is certainly better today than it was several years ago. The job market has stabilised, downward pressure on wage
is has eased and property values have been on the rise in most major markets. However, there is no question the economic
environment is still much different than it was before the financial collapse of 2008-2009.
While the property market has experienced positive growth in recent years, financing remains constricted in many areas. Investors
and individuals looking to purchase property still need viable development finance options, especially when they already own
property but would like to move forward with a purchase before selling the property they already own.
Bridge financing is certainly not a long-term option that you want to use as a 10 or 20 year solution but it can offer you a path that
allows you access to the funding needed for a purchase and ultimately the time to secure longer-term financing. The terms are
flexible and rates are very competitive with other financing options. Bridge loans offer buyers the chance to move forward with future
plans and not get delayed simply because they are waiting for another transaction to take place in the near future.
If you have had trouble finding development finance that meets your needs and are interested in working with bridge financing
experts then please contact us. We offer a wide range of options and always customise loans based on our clients individual needs.