Replace your development loan with flexible exit finance
Exit Finance for Completed Property Developments
Property development exit finance is a type of specialist finance used to repay existing development finance on a project before it is sold or refinanced.
Exit finance is usually used when a project is complete, or very close to complete, but the developer needs more time before the final sale or refinance is in place. It works in a similar way to a bridging loan, but at the end of the development process.
It can be used to repay existing lenders, reduce finance costs, release capital or give you more time to sell the completed property without pressure.
What do we look for in our Exit Finance customers?
For over a decade, we’ve been providing Exit Finance to developers of all sizes across the South East of England including London, Hampshire, Sussex, Surrey, Kent and the surrounding areas. It doesn’t matter if you’re a first-time developer or you have a portfolio of properties, we love working with developers who have projects that need help to complete and bring them to market. We pride ourselves on offering competitive interest rates and fast professional service to all of our clients. There’s plenty to stress about in property development, but acquiring an exit loan doesn’t have to be one of them.
We have provided Exit finance for first-timers and large property development companies for over a decade and pride ourselves on offering competitive interest rates, and a fast, professional service to our clients.
- We’ve worked with more than 500 first time individuals and commercial property developers
- We have funded over 800 new build properties
- Our fast finance has helped clients achieve a profit of over £50M
Why Might a Developer Need Exit Finance?
Exit finance can help when a development is finished, but the timing of the sale, refinance or next project does not quite line up.
Common reasons to use exit finance include:
- Repaying an existing development loan when the term is coming to an end
- Giving yourself more time to sell the completed property
- Replacing development finance with a shorter-term exit loan
- Reducing finance costs once the main build risk has passed
- Releasing capital to move onto your next project
- Managing phased sales across a multi-unit development
For developers, exit finance can create breathing room at the end of a project, helping you avoid rushed decisions, protect your profit and move forward on your own timeline.
No hidden costs: No brokers or upfront fees & no initial commitment.
If you need help exiting your project and unlocking your investment, don’t hesitate to contact us. In the meantime, read our guide to Exit Finance.
Exit Finance Lending criteria
We offer Exit finance development loans which can be used for short term financing, for developers of all sizes. We will need to undertake a risk assessment, review your exit strategy and understand your collateral before making you an offer.
Lending Criteria
Exit Finance Lending process
Exit finance can be obtained in a matter of days in some cases, however, we recommend planning ahead and allowing at least a couple of weeks for the process to take place. This will reduce stress all round and allow you to focus on your project.
Lending Process
Our Developers
We provide Exit finance development loans to experienced and first-time developers across the South East of England.
How much do we lend?How does Exit Finance work?
Exit finance is normally provided for a short term, often between 3 and 18 months. It is usually repaid when the completed property is sold or refinanced.
These loans may be available at a lower interest rate than standard development finance, because the main construction risk has usually reduced by this stage. Your rate will depend on the loan-to-value ratio, your exit strategy and the length of the loan.
Interest can often be rolled up, meaning you do not need to make monthly repayments. Instead, the loan and interest are repaid in one sum when the property is sold or refinanced.
Contact Us for Your Exit Finance
Contact us today to help get your project over the line and to secure your exit finance.
Exit Finance to Give Your Development More Time
Fast Decisions
Get a quick decision when your existing development loan is ending, your sale is taking longer than expected or you need to refinance quickly.
Repay Existing Development Finance
Exit finance can be used to repay your current development lender and replace it with a short-term facility while the property is sold or refinanced.
No Monthly Repayments
Interest can be rolled into the loan, meaning the balance is usually repaid in one sum when the property is sold or refinanced.
No Broker Fees
Deal directly with Hunter Finance. There are no broker fees, no upfront application fees and no initial commitment.
More Time to Sell
Exit finance can give you breathing room to complete a sale properly, rather than rushing decisions because your current loan term is ending.
Release Capital for Your Next Project
Depending on the project and equity available, exit finance may help you release funds to secure or progress your next development.
Explore Alternative Funding Options
Pre-Completion Loans
Pre-completion finance loans for property developments that are very close to completion.
View
Equity Finance
Equity finance for property developers in return for a share of the development’s profit.
View
Bridging Loans
Bridging loans for developers to provide short-term finance to ‘bridge the gap in projects.
View
Development Finance
Development finance for private residential property developments in the South East UK.
ViewCould Pre-Completion Finance Work For You?
For projects which are near completion but in need of additional finance, a pre-completion loan could be the answer.
What Our Developers Have To Say
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