Compare senior debt, mezzanine, and stretched senior from specialist UK lenders serving Newcastle and Tyne and Wear businesses. Matching begins after you apply; a soft credit check may be used for matching.
Rates
From 6.5% p.a.
Senior, mezzanine, or stretched
Amounts
£150k - £25M+
Speed
2-6 weeks
Newcastle
25k
businesses
Explore business funding options through Fundably
For UK limited companies with 3+ months’ trading and monthly revenue.
Development finance is specialist lending for property development projects, new builds, conversions, refurbishments, and renovations. Unlike standard mortgages, funds are released in stages as the build progresses, and repaid when you sell the completed units or refinance.
You apply with your project plans, planning permission, build costs, and a projected Gross Development Value (GDV). The lender values the site, assesses the project, and if approved, releases an initial tranche for site acquisition. Further drawdowns follow at agreed construction milestones, foundations, first fix, second fix, completion.
The primary development loan. Up to 65-70% LTGDV and 70-85% LTC. Rates from 6.5% per annum.
Fills the gap between senior debt and your equity. Up to 90% LTC. Rates from 12-18% per annum.
Combined senior + mezzanine in one facility. Up to 85% LTC. Rates from 8-12% per annum. Simpler structure.
Borrow £1,000,000 at 8.5% over 18 months. Total repayable: ~£1,127,500. Your rate depends on your circumstances.
Ready to compare development finance in Newcastle?
For UK limited companies with 3+ months’ trading and monthly revenue.
Newcastle is the economic capital of the North East, with a significant and growing digital and technology sector, the city is home to Sage Group, one of the UK's largest tech companies, and a thriving cluster of fintech, software, and gaming businesses in Quayside and the Science Central district. The North East's offshore energy sector, particularly offshore wind development in the North Sea, is creating new supply chain opportunities across the wider Newcastle city region. Newcastle's two universities produce a strong pipeline of technical graduates, supporting the city's ambitions to become the UK's leading destination for net-zero technology investment. With 25k registered businesses across Tyne and Wear, Newcastle has strong demand for competitive development finance.
Funding availability depends on the business and finance required in the Tyne and Wear area. Whether your Newcastle business needs ground-up residential development or commercial to residential conversion, lenders assess each application individually.
Several specialist lenders on our panel work with Newcastle businesses that have imperfect credit histories. Fundably may use a soft credit check for matching, which does not affect your credit score. A hard check may happen if you choose to proceed with a lender. Check your options when you apply.
Explore business funding options through Fundably
For UK limited companies with 3+ months’ trading and monthly revenue.
Explore business funding options through Fundably.
Explore FundingFor UK limited companies with at least 3 months’ trading and monthly revenue.