Providing Finance for a Major Development
A developer approached us seeking urgent funding for a large-scale scheme in a prime UK location. The project involved delivering high-quality accommodation with premium amenities. Faced with tight deadlines, the client engaged us to arrange a facility quickly and efficiently.
Contact AlignHow We Helped: Delivering Certainty and Speed
By working closely with the developer, we structured a bespoke facility that met all requirements. The facility amounted to over £15 million and was designed to fund the remaining construction while capitalising interest. It carried a 17-month term, with the planned exit being a refinance onto a term loan upon completion.
To ensure a rapid turnaround, we coordinated with our lender network, monitored surveyors, and engaged specialist solicitors to meet strict timelines. The facility was tailored to cover significant development costs and included interest capitalisation within agreed limits
Outcome
The developer secured the funding required to complete the project and will be well positioned to refinance onto a long-term facility once practical completion is achieved. This solution stabilised delivery and ensured successful completion of a landmark scheme.
Why Developers Choose Align PF
We pride ourselves on acting quickly and structuring complex funding solutions under pressure. Our expertise and strong lender relationships mean we can deliver results when it matters most.