Joint Venture Funding
The Development Finance Bank can through our High Net Worth Investor clients offer Joint Venture Funding and in some cases allowing the developer to borrow up to 100% of the total project cost.
This means that experienced property developers can avoid the frustration of a valuable opportunity slipping through their hands. We can offer you financial independence to undertake a greater number of projects, secure in the knowledge that adequate funding is available for each transaction.
Equity/Joint Venture Partners provide the difference between what the senior debt lenders will lend and what is needed to complete the project and take a share of the development profits.
Our Investors will require the developer to provide a cost overrun guarantee to protect the Equity/Joint Venture partners return.
The investor will either take shares in the new SPV, enter into a profit sharing agreement, or an exit fee will be charged.