Many developers are increasingly finding it difficult to raise the cash they need to develop their businesses. Whether it be funds for refurbishment or developments, there is a decreasing lack of options for progress. With a tight hold on the construction industry how can the restriction change?
Heritage Asset Finance Ltd has had an increasing demand to provide funding for this sector. As an independent local finance provider, whether it is for a short term development or a bridging facility, they have be- spoked packages to suit the individual requirements of the developer.
With a typical LTV of up to 70% the developer needs quick access to funds. Secured by a 1st legal charge, the loans can be from 3 to 24 months. As more pressure is made on our primary industries, Heritage which is based at Welton is the finance provider who is saying Yes to development.
