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What is Development Finance?
Development finance for commercial property is a specialised funding option designed to support the construction or renovation of commercial properties. It provides developers with the capital needed to cover costs such as land acquisition, planning permissions, construction expenses, and other related expenditures throughout the development process.
Typically, development finance is a short-term solution, lasting from 6 to 24 months. It is ideal for projects that require a quick financial boost to start or refurbish existing properties.
If you're planning to construct a new property or refurbish an existing one, development finance could be the perfect solution. It helps secure the necessary funds to begin construction or significant refurbishments. At Approved, we offer advice and support, handling all the details so you can focus on your core activities.
Potential Uses for Development Finance
Whether you're looking to embark on a new construction project, refurbish existing properties, or fund large-scale infrastructure developments, our tailored financial solutions provide the flexibility and support needed to bring your vision to life.
You might consider applying for Development Finance if:
You are looking to purchase land where the commercial property will be developed.
You are covering the costs associated with obtaining planning and zoning permissions.
You want to fund the actual building of the commercial property, including materials and labour.
You are wanting to finance major upgrades or renovations to existing commercial properties.
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Acquire the Property You Need with Approved
Businesses should utilise Commercial Bridging Finance by Approved Property Finance for its reliable and expert service. With quick capital access, flexible terms, and a trusted reputation, Approved Property Finance enables businesses to bridge financial gaps, seize opportunities, and expedite commercial property projects with confidence and ease.
Other Approved Property Finance Services
We understand the complexities of property finance and have the knowledge to secure your next bridging, mortgage or development project. With market-leading property finance products and best-in-class rates, Approved are ideally placed to deliver your funding solution.
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Partnered
Lenders
125+
Funded For
UK Businesses
£500M
5-Star
Google Reviews
300+
Raised For
Partnered Charity
£110K
How It Works
Discover our streamlined process for securing tailored financial solutions. We keep our business finance options transparent, with no hidden fees or unpleasant surprises. This is business finance made easy. Our no-obligation application won't impact your credit score.
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01
Fast Application In Seconds
Share basic information about you, your business and finance requirements by applying online or calling.
02
Understanding Your Business
A dedicated account manager will discuss your requirements and gather necessary documentation.
03
Receive Your Free Quote
We'll discover the best deals, handle applications for you, and provide a quote with no obligations.
04
Get Your Funds Fast
Once approved, we'll get funds to your preferred business bank account or pay a supplier on your behalf.
Google Reviews
