Bridging finance is highly versatile, catering to a variety of funding needs. At Revelle Capital, we offer:

- Residential Bridging Loans: Ideal for buyers who need to complete a purchase before selling their existing home or for those investing in residential property development.

- Commercial Bridging Loans: Suitable for businesses that need to cover costs while waiting for permanent financing or profits from sales.

- Refurbishment Loans: Perfect for developers looking to improve property value before sale or lease.

- Auction Finance: Providing rapid funds to secure auction property purchases within tight deadlines.

Our experts tailor each loan to align with your specific financial scenario, ensuring that terms and repayment plans suit your project and cash flow.

Specialist lenders have emerged as pivotal players in the bridging finance market, stepping in as traditional high street banks scaled back their involvement due to heightened risk aversion. These lenders are adept at crafting bespoke financing packages that are not only efficient but also cost-effective, tailored to meet the unique needs of each development project.

Comparing these customized offerings to the generic, one-size-fits-all products provided by conventional banks often misses the mark due to the specialized nature of development finance. Specialist lenders bring distinct advantages to the table, including agility, innovative thinking, and the capacity to rapidly assemble and approve financial structures—sometimes within as little as 48 hours. This responsiveness and openness to innovative financing solutions ensure that they are a vital resource for developers looking for quick and flexible funding solutions. The conservative approach of many European banks further cements the role of UK-based specialist lenders as critical facilitators in the property development sector.

Bridging finance offers several benefits, making it a preferred choice for managing interim financing needs:

- Speed: Funding is typically available much quicker than traditional loans, often within days.

- Flexibility: Terms can be adjusted to match your specific financial situation and repayment capacity.

- Convenience: Less stringent requirements compared to long-term financing, with the focus primarily on collateral and not on credit history or income.

- Opportunity Enablement: Allows you to capitalize on immediate opportunities without the usual delay associated with other types of financing.

Choosing Revelle Capital for your bridging finance needs means accessing bespoke solutions designed to provide liquidity precisely when and where it is needed most.

While the bridging finance market is dynamic and continually evolving, certain fundamental elements remain crucial for lenders. These include the borrower's development experience, the Gross Development Value (GDV) of the project, available collateral, and the reliability of third-party contractors involved. Another critical factor is the borrower's skin in the game, typically assessed by how much personal capital they have invested in the project.

Despite these traditional criteria, it's sometimes beneficial to approach affordability from a different angle, considering possible exit strategies such as refinancing, an outright sale, or a phased sale spanning 12 to 18 months. It's essential to assess whether the initial deal is financially viable and offers acceptable returns.

At Revelle Capital, our extensive experience in specialized finance translates to greater flexibility in structuring deals and the ability to navigate complex lending challenges. We understand what's important to lenders and are adept at crafting proposals that align with these priorities, ensuring our clients can access the funding they need with minimal obstacles.

Historically, several common barriers made securing bridging finance challenging, such as liquidity constraints, collateral requirements, the developer's country of residence, their experience, and the property type involved. However, the landscape of property finance has evolved significantly. Specialist finance companies like Revelle Capital now have the expertise to devise financing structures that can navigate even the most complex scenarios.

Today, the primary hurdle in securing funding is the viability of the deal itself. It is crucial that the financial projections make sense. Developers seeking finance must come prepared with a well-defined management plan for the funds, a robust exit strategy, and a compelling case that justifies the need for borrowing. Ensuring that these elements are sound and well-articulated is essential for moving past the traditional barriers and successfully securing the needed finance.

Time is often of the essence in property development. Developers need to know how quickly they can expect to access funds once they apply for development finance. At Revelle Capital, we pride ourselves on our ability to move quickly, understanding that timely funding can be critical. Depending on the complexity and the specifics of your project, funding can often be arranged in as little as a few weeks from the initial application to disbursement. We work diligently to streamline the approval process, ensuring that all necessary documentation is in order and that evaluations are completed promptly.

Gaining approval for bridging finance involves several key factors that lenders evaluate closely. These include the developer’s track record and experience, the viability and potential profitability of the project, detailed project plans, and a robust exit strategy. At Revelle Capital, we guide our clients through the entire application process, helping to prepare and present all required information in the most favorable light. Our expertise in structuring applications increases the likelihood of approval and ensures that our clients are well-prepared for lender scrutiny.