Development Finance for 25 Houses just outside Dublin.

Deal Structure 

70% Loan to GDV

Loan Amount €3,050,000

2% Arrangement Fee

8.25% per annum

No Exit Fees

18 Month Term

Deal Summary

An experienced property developer based in Ireland required development finance to build 25 houses just outside Dublin. The client had owned the land for a while and had gone through the planning process and felt now was the right time to start construction.

The client was looking to build a long term relationship with a lender that was flexible and had the ability to fund large schemes. We at Positive Commercial Finance found them just that.

Client had already begun construction and was looking to complete on the loan as quickly and efficiently as possible.