Development Finance

Development Finance: Tailored Funding for Property Projects

At RNR Commercial Finance, based in Leicester, we also specialise in development finance solutions that empower property developers and investors to bring their projects to life.

Whether you’re building from the ground up, converting a property, or undertaking a major refurbishment, our bespoke funding solutions are designed to meet the unique demands of your project.

What is Development Finance?

Development finance is a short to medium-term loan designed to fund property development projects. Unlike traditional loans, development finance is released in stages, known as drawdowns, aligned with the progress of your project. This ensures you have the capital you need when you need it, while keeping costs manageable.

This type of funding is ideal for property developers, builders, and investors undertaking projects such as new builds, property conversions, or refurbishments.

How Does Development Finance Work?

Development finance is structured to support your project at every stage:

  • Initial Loan Approval: The lender assesses your project’s plans, costs, and expected end value (Gross Development Value or GDV).
  • Staged Funding: Funds are released in phases as the project progresses, typically after a surveyor confirms the completion of each stage.
  • Repayment: Loans are repaid once the project is completed, often through the sale of the property or long-term refinancing.

Key Features and Benefits of Development Finance

Stage-By-Stage Funding

Aligns with your project’s timeline, reducing upfront financial strain.

Flexible Loan Terms

Tailored to the size, scope, and timeline of your development.

Competitive Rates

Access to specialist lenders offering competitive interest rates.

Expert Support

Guidance from lenders who understand the complexities of property development.

Supports Growth

Enables developers to take on larger or multiple projects with confidence.

Why Choose RNR Commercial Finance?

At RNR Commercial Finance, we are committed to helping property developers and investors secure the funding they need to succeed. Here’s why clients choose us:

  • Bespoke Solutions: We customise development finance packages to suit your project’s needs.
  • Trusted Network of Lenders: Access a wide panel of specialist lenders offering competitive terms.
  • Expert Guidance: Our team simplifies the process, providing clarity and confidence at every stage.
  • Stress-Free Service: We handle the complexities, making your funding journey hassle-free and efficient.

Whether you’re working on a single project or managing multiple developments, we’re here to support you every step of the way.

Get Started with Development Finance Today

Ready to bring your property project to life? Contact RNR Commercial Finance today to explore tailored development finance solutions. Let us help you turn your vision into reality with expert advice and funding options designed for your success.