Development finance

Get your construction project off the ground with development finance from Phoenix Funding.

What is a development loan?

A development loan says what it does on the tin: it’s finance to fund the cost of developing land or property.

To get started, you’ll simply need a full valuation and QS report of the projected build costs.

What can development finance loans be used for?

Development finance lenders will fund residential or commercial property construction, conversion, or renovation projects.

As a short-term lender, we fund everything from home extensions to new build developments.

Why choose a property development loan?

Let’s face it, construction costs. So, if you don’t have the funds or desire to finance a project on your own, a specialist loan can help.

Development finance is designed specifically for its purpose. Therefore, terms tend to be short and flexible to meet the demands of your project and the changing cost of labour and materials.

As a secured loan, you may also be more likely to be approved with sub-par credit.