Commercial Development Loan
Commercial developments can cost millions to purchase or build thus potentially command huge rental incomes. Despite the upside and potential revenue which projects can generate through commercial transactions, funders most prefer to help those that have flourished or have some equity in place. This makes it rather difficult for startup development companies to get the necessary seed funding. The lender can structure a loan in stage-payments (tranches) – depending on the lender these agreements may be able to be altered when indicative terms have been issued in advance by the lender.