Brickflow

💡 Terms Explained. 💡
There’s a lot of terminology out there that can make delving into the world of Development Finance daunting.

In this video, we explain what a Personal Guarantee is.

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TERMS EXPLAINED Personal Guarantee

We've got a limited number of hours in the day.
So, you could spend your weekends searching for development finance, filling in forms and getting quotes.
OR.
You can search our 31 lenders in 2 minutes, take the day off and go fishing.
It's up to you.
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One common question we get asked is how do you calculate development finance?

Each lender has its own set of rules, so every lender will lend you a different amount on the same site. This is why it is so important to compare multiple lenders, not just 1 or 2 that you know.
The main criteria are:
• Loan to Gross Development Value (LTGDV)
• Loan to Cost (LTC)
• Minimum client equity contribution
• Day one land constraint

The lender caps the loan as a percentage of the above factors and delivers a final combined amount.

Want to know more about our groundbreaking platform and how we can help you compare 31 lenders in under two minutes?
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