In addition to traditional bridging loans and short term finance Balmoral provide a Development Finance proposition.
For development clients who own land, have planning permission in place but are are unable to begin the development due to funding issues Balmoral can often be the perfect partner.
We will partner with the developer to not only provide the funding for the project but also work very closely to become a business partner with the developer. We can assist with planning and regulatory consultancy, vendor / supplier selection, financial management of the project and overall project management and development consultancy from our in house consultants.
Obviously Architects often have many clients who are in this position for various reasons. The architect has often drawn up the plans for the initial planning application and the client is unable to proceed with the next stage as the client is unable to raise the funding required.
Balmoral enjoy a very close and lasting relationship with many firms of Chartered Architects and these relationships are key to our business.
An Architect can often provide a very detailed and professional outline of the background of the development and client as well as providing a third party reference for the potential developer.
We aim to ensure that all Architect partners have access to our funding lines on behalf of their client. We provide ongoing support and information and well as offering training in the information we require and our underwriting criteria to ensure an efficient service is achieved for the client.
If your firm would be interested in setting up this type of arrangement please email firstname.lastname@example.org or complete our enquiry form and one of our team will call to discuss your enquiry.