Bridging Loans & Development Finance
Property development is a highly profitable investment, but many property developers need more funds, and the whole process is still a hassle. The most common funding sources that property developers are using include bridging loans and development finance from high street lenders. If you are looking for funds to purchase a property, it is essential to understand the difference between bridging loans and development finance. You can easily find bridging loan companies and p2p lending platforms offering loans for property development. On the other hand, high street lenders are also offering loan development finance. So, you may need clarification about which one is the best option to complete a development project. People get confused between these funding sources because of similarities, such as they are both short-term products secured against properties with no monthly repayments. Today, we will describe a comparison between bridging financing and development finance so t...