Many UK-based developers are still feeling the effects of the last global recession. The resulting ‘Credit Crunch’ saw many developers lose assets and profits from previous development projects, through no fault of their own.
No Personal Guarantee development finance can be available up to 90% Loan to Costs and 70% GDV which can be hugely beneficial to property developers, allowing them to focus on completing projects as opposed to worrying about the risk of losing personal assets. Although No Personal Guarantee development loans are not as cheap as traditional development finance, given that lenders take on all of the risk with no assurances offered, it’s an exciting benefit for proven developers to have within their funding package.
At LDNfinance, we boast one of the capital’s most exclusive panels of lenders, featuring a string of family offices, specialist funds and private lenders with the appetite to finance credible development projects without the need for a personal guarantee. Our well-connected development finance brokers can take the time to understand your unique financial position and run through your lending options.
Independent advice on no PG development finance
LDNfinance is 100% independent. As such, our diligent property finance professionals can utilise their experience and contacts to overcome hurdles such as complex company structures and tight deadlines to secure a bespoke development finance solution that’s tailored specifically to meet your project requirements.
Your dedicated and discrete LDNfinance broker will work with you to prepare all of the necessary paperwork and documentation for your application for an unsecured development loan. They have a proven track record in securing development finance with no personal guarantees and can present your case to niche and private lenders in the best possible light.
Let’s discuss your next exciting development opportunity and arrange a bespoke finance solution that works on your terms, with no need for personal guarantees.