Prime Business Finance

Are you looking to buy your current or new premises?

Are you looking to buy a commercial property to rent out?

Are you seeking to release some of the capital locked up in your premises?



Property Development Finance

Development Finance is the most extensive borrowing facility currently available on the UK market. Depending on the type of project you want to embark on, there are a range of finance options available.

Initially, funds are provided to get the project underway. As the project continues and gets closer to reaching its goals, more money is released for the developer along the way. The total sum of money lent can be up to 100% of the total cost of construction or 50% of the site costs, with no specific upper-limits as to how much can be borrowed.

Advantages to development finance include:

  • The ability to secure money on properties, plots and developments that may be considered unsuitable or unviable by other lenders.
    (This includes run-down and derelict buildings.)
  • Development finance can be repaid relatively quickly, keeping overall borrowing costs to absolute minimums — far more affordable than many long-term borrowing facilities.
  • Interest is only charged on the funds released, which can impact the overall costs of the facility in a positive way.
    A benefit of funds being released in stages throughout the project.
  • No specific limitations on how much can be borrowed.
    If the project is deemed viable, development finance may be offered to cover up to 100% of the costs, irrespective of the total construction cost.

We work with Lenders from the High Street Banks to Specialist Lenders with superb rates, sensible Terms and Conditions, good market awareness and who will lend from £25,000 to £25,000,000.

Whatever your project, we will have a Lender that knows what they are doing. Combined with our experience we can make this as stress-free as possible.

There is no charge for our initial exploration of what Lenders will offer you – we will provide, whenever possible, a choice of three Lenders for you to consider.

Call us – you’ve nothing to lose and everything to gain.

We’ve organised finance for…

  • New builds
  • Conversions
  • Refurbs
  • Finance to complete projects
  • Site purchase and build costs
house building site with digger

Need help with property development financing?


Client Case Study

Prime Business Finance was recommended to Mr O. by the Commercial Manager of one of the High Street banks. Mr O. was building two adjacent properties when it became apparent that further funding was going to be needed for the final phase of the development.

The original mortgage provider wouldn’t accept a necessary 2nd charge on the development which meant that Prime now needed to organise sufficient funding to clear the original mortgage as well as sufficient funding to finish the development.

This was a completely different scenario from that which we were faced with at the start. Thanks to the advanced stage of the development we successfully proposed the changed requirement to a funder and we were able to organise the much higher level of funding that Mr O. now needed.


Client Case Study

Our client was a high quality specialist furniture manufacturer whose MD had been refused a commercial mortgage by her own bank.

We were recommended by their accountant and after carefully understanding what was wanted and what the issues were, we were able to approach a lender. Having met the client and understanding the overall strength of the client’s business meant the lender gave approval for funding.

Sometimes funding requests are not straight-forward. Our experience and expertise as well as our strong bank of lenders means we can usually find a successful solution for our clients.

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