Compare senior debt, mezzanine, and stretched senior from specialist UK lenders serving Norwich and East of England 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
Norwich
11k
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 Norwich?
For UK limited companies with 3+ months’ trading and monthly revenue.
Norwich is the economic and cultural capital of East Anglia, with a significant financial services sector anchored by Aviva, which was founded in the city and remains one of its largest employers, alongside a strong insurance and professional services base. The city's agricultural hinterland supports a growing agri-tech and food innovation ecosystem, with the John Innes Centre and Norwich Research Park forming one of Europe's leading clusters for plant science, food security, and biomedical research. Norwich's creative sector and independent retail economy are supported by a strong arts scene, two universities, and a city centre that retains one of the best-preserved medieval streetscapes in northern Europe. With 11k registered businesses across East of England, Norwich has strong demand for competitive development finance.
Funding availability depends on the business and finance required in the East of England area. Whether your Norwich business needs ground-up residential development or commercial to residential conversion, lenders assess each application individually.
Several specialist lenders on our panel work with Norwich 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.