Development Finance
| Sector Developement Finance Overview | Prime/Experienced Developers | Non-Prime/Less Experienced | Comments |
|---|---|---|---|
| Residential Development | 70% land and 70% development costs | 60% land and 60% development cost | Evidence of satisfactorily completed developments required |
| Can increase subject to additional security but would still expect some cash to be used as a deposit | Can obtain up to 100% development costs | ||
Commercial Development | 70% land and 70% development costs | If pre-let or pre-sold | Speculative developments difficult to fund |