Compare senior debt, mezzanine, and stretched senior from specialist UK lenders serving Plymouth and South West 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
Plymouth
14k
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 Plymouth?
For UK limited companies with 3+ months’ trading and monthly revenue.
Plymouth is one of the UK's most significant defence and naval cities, home to HMNB Devonport, the largest naval base in Western Europe, which underpins a substantial defence technology and engineering supply chain across the city region. The city has an emerging marine technology cluster centred on the Plymouth Marine Laboratory and the University of Plymouth's marine science facilities, positioning it as a growing hub for ocean technology, autonomous vessels, and marine renewable energy. Plymouth's healthcare sector is significant, with Derriford Hospital serving as a major regional tertiary centre, and the city is investing in regeneration through the Plymouth and South Devon Freeport initiative. With 14k registered businesses across South West England, Plymouth has strong demand for competitive development finance.
Funding availability depends on the business and finance required in the South West England area. Whether your Plymouth business needs ground-up residential development or commercial to residential conversion, lenders assess each application individually.
Several specialist lenders on our panel work with Plymouth 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.