Equity finance is the first invested and the last to be realised from any property development. Equity funding is often therefore the hardest to find and arguably the most important part of the capital stack for property developers to arrange, finding a professional and reliable Equity provider allows developers to take their business to the next level.
There are many factors that need to be considered when determining how to structure your capital stack for a residential housing development. We enable you to structure each project differently and based on the specific characteristics of your project and the parties involved.
Equity funding comes into play when a developer needs more finance than Senior, Stretched Senior and/ or Mezzanine can provide, and usually at the cost of a profit share. The length of an equity building contract will often match that of the senior debt, or sometimes longer.
Where Stretched Senior Debt and Mezzanine are usually capped at 90% of project costs, equity providers can fund up to 95% or even 100% of project costs.
Here at Clearwell Capital, we also pride ourselves on our premium standard of customer service, and pride ourselves on sending out 86% within 24 hours of receiving the application.
We have also reduced our processing time to an average of 4 - 8 weeks, which is one of the fastest you’ll find in the industry. Once a site visit has been undertaken, it typically takes our expert teams less than a week to secure credit committee approval for your equity funding.
This means that we can confidently guide you through the process while being mindful of the time-sensitive nature of your project.
Talk to us today to see how much you could borrow and take the first step towards a supportive, end-to-end property development finance partnership.