The Thistle Finance team recently helped a Berkshire-based developer arrange a last minute £1.3m development exit finance loan through LendInvest.
Working together with LendInvest has allowed Thistle Finance to offer a highly professional service. Providing the developer a further 12 months to sell their development ensuring the client didn’t migrate onto a more punitive default rate during this extended period.
Mark Dyason, managing director, Thistle Finance, said: “The clock was ticking on this deal but we managed to get it across the line just in time, saving the developer a significant amount in interest. You wonder how many developers are unaware that a more competitive product like this exists for when they have already created the value and are looking to sell.”
Thistle Finance can provide the best chances of securing funding for any development project whether it’s a new build development or any refurbishments. Find out more about Development Finance
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