Secure Funds and Make Your Development Project a Success
Senior property development finance, also known as a senior note, is money borrowed that has priority or seniority over other loans and must be repaid first before other loans. It is a lower risk and tends to have a lower interest rate as a result.
Design especially for development projects and can accommodate all the financial needs the developer has to complete the project. It is the economical form of a development fund, especially when you have a large deposit. Often lenders saw it as a safe mode of investment. If you are looking for a fund at a high loan-to-cost or loan-to-value percentage, then a senior development loan could provide you the flexibility.
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Senior property development loans are the largest aspect of development finance.
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