DEVELOPMENT EXIT FINANCE
Development Exit Finance is short-term funding allowing property developers to exit an existing project. It covers outstanding loans, allowing developers to sell or refinance completed developments. This financing bridges the gap between project completion and long-term exit strategies. Lenders assess the completed project's value and the developer's ability to repay. Interest rates may be higher due to the short-term nature. It aids developers in transitioning from construction to the next phase, offering financial manoeuvrability in the property development cycle.
WHAT IS DEVELOPMENT EXIT FINANCE?
NO UPFRONT FEES
NO BROKER FEES
Key benefits of Development Exit Finance:
PURPOSE & USAGE
Exit existing property development projects
Covers outstanding loans and debts
Facilitates project completion transition
ASSESSMENT & TERMS
Lenders assess completed project value
Short-term financing for flexibility
Higher interest rates may apply
DEVELOPER CONSIDERATIONS
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Provides manoeuvrability in property development cycle
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Enables selling or refinancing of completed projects
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Bridges the gap between project completion and long-term exit strategies
Experienced. Trustworthy. Tailored.
Clever Commercial is an award-winning brokerage with over 30 years expertise in providing bespoke property financing solutions. Competitive rates, flexible criteria, and unrivalled service. Build your future - partner with us.
WHY CHOOSE CLEVER COMMERCIAL?
FREQUENTLY ASKED QUESTIONS
What is Development Exit Finance?
It's short-term funding for property developers to exit completed projects by covering outstanding loans. This allows flexibility for developers to sell or refinance, transitioning from construction to the next phase.
How does Development Exit Finance benefit developers?
It provides financial manoeuvrability by bridging the gap between project completion and long-term exit strategies. Developers can use this financing to settle debts and smoothly transition to the next project.
What criteria do lenders assess for approval?
Lenders evaluate the completed project's value and the developer's ability to repay. While it's short-term, interest rates may be higher, reflecting the quick exit nature of the financing.
Can Development Exit Finance be used for any completed project?
Yes, it's versatile and can be used for any completed property development project. Whether selling or refinancing, this financing option supports developers in closing out existing projects.