£2.9M development exit loan completed in just seven days
Author: Davey Gurm
Date: 28/08/2025
Scenario
An experienced property developer, borrowing through a limited company, required a £2.9M development exit loan. The funding was needed to repay existing development finance on a completed site of six flats, while releasing equity to begin their next project.
Outcome
The offer was issued and the case completed within seven days. This allowed the developer to repay their previous lender on time and unlock capital to move seamlessly into their next development opportunity – without waiting for all units to sell.
Why it worked
- Strong developer track record
- Completed scheme with sale strategy in place
- Competitive LTV at 65%
- Clear exit and clean corporate structure
- Professional packaging by the broker enabled fast processing
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