We helped a client put less money into a development...

A client spoke to us because they wanted to arrange funding for the development of ten houses.


However, their high street bank wanted them to put far more cash into the deal than they were happy with.

To help with this, we arranged facilities of £1,800,000 against a GDV of £3,000,000 (60%).


We then set up facilities over the next three developments which ran concurrently at £2,500,000, £700,000 and £1,400,000, all at 60% of value and 80% of cost.


The client was able to retain cash at all times to ensure that his construction businesses was not starved of working capital.


To find out how we could help your business like we did here, contact us on 0115 958 6872 or fill in an enquiry form.


MAF Property Finance

Unit 24 Maises Way,                      

South Normanton                                 

Derbyshire

DE55 2DS

Tel: 0115 958 6872

Email: info@mafpropertyfinance.co.uk

MAF Property Finance is a division of Midlands Asset Finance Limited which is authorised and regulated by the Financial Conduct Authority (FRN: 734580) and is registered in England and Wales under company number 06995483. The registered office is 22-24 Maisies Way, The Village, South Normanton, Derbyshire, DE55 2DS. The data controller registration number for Midlands Asset Finance Limited is Z1921169 and the VAT Registration Number is 982 5378 77.

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