The Procedure: Lending Criteria
Loan Range and Project Size
We will arrange funding for projects with a total development sales turnover of £1.5 million plus, although we do consider smaller repeat business projects...
CALA Finance Arranges up to 100% Development Funding
Our arrangements are straightforward and free from spurious or hidden fees or deposits. Our income is generated from a share of the profits from the development. In principle decisions are possible within a few hours.
What the Funding Covers
The facility is inclusive of site acquisition, road construction, and all building works and fees necessary to have your new homes ready to pass on to your purchasers. The funding agreement also covers the sales and marketing for the development. The lending is to a facility limit, with a regular release of funds at agreed stages within the lifetime of the development. The facility limit is pre-agreed to cover all costs up to the point when the development becomes self funding through it's own cash generation.
Your First Step is to Call Us, Our First Step is to Listen
From the moment you outline your proposal we will add value.
By providing you with the breadth of our experience, structuring detailed advice and discussing with you potential routes and terms on the alliance and the finances.
Viability, Returns and Risks
You can expect us to work with you on an analysis of the proposed development. Together we'll assess its strengths and weaknesses, looking carefully at the location of the site, the proposed mix of units and the prices you have suggested. Where we think improvements could be made, we'll give you the benefit of that knowledge.
Using computer software our team can also advise you on the most efficient way of running your development once you move on site. Using detailed financial mapping you can look forward to a managed cash flow plan and no unexpected demands from the bank.
At the end of your venture with CALA Finance, you'll receive a completion statement that gives the projects full financial history.
CALA Finance can provide flexible funding solutions to suit your needs
We can create a final evaluation of the project and suggest areas for future improvement. This is not just an after sales service. We realise that by building with us you are building your own company.
The advice our consultants offer is always on an advisory basis, allowing you to grow at your pace and on your terms.
Our experience has shown us that even the most successful developer welcomes a second opinion and that lending banks are reassured of the viability of the project.
