Alternative Finance
Customized Funding Solutions
Finprop specializes in providing bespoke funding solutions that span the capital structure and cater to different phases of the real estate developments cycle.
We collaborate with the promoters of real estate projects to deliver tailored financing solutions. This encompasses financing for both commercial and residential properties, including bridging and development loans.
Alternative Finance
Bridging loans
Bridging loans are short-term loans designed to “bridge” a short-term funding gap. They are typically used in real estate transactions, allowing borrowers to access funds quickly while waiting for more permanent financing or the completion of a property sale.
These loans are characterized by their fast approval process, flexible terms, and relatively higher interest rates compared to traditional loans. Bridging loans can cover a range of situations, such as funding a property purchase, renovation costs, or development projects.
They are commonly secured against real estate assets, ensuring that borrowers can leverage their property value to obtain the needed funds.
Alternative Finance
Development loans
Development loans are specialized financing options provided to support real estate development projects. These loans are typically used to fund activities such as land acquisition, construction, and renovation.
These loans are often structured to release funds in phases, aligning with the project’s progress—such as initial funds for land purchase, followed by installments for construction milestones. Repayment terms may vary, with borrowers typically repaying the loan upon project completion, through property sales, or by securing long-term financing.
Development loans usually require thorough underwriting, as the loan facility is function of factors like project feasibility, estimated costs, and the developer’s track record. Interest rates are often higher than traditional loans, given the greater risk involved in funding development projects.
