Tesco Bank was established to provide simplified yet intelligent financial services for ‘real’ people across the UK. Despite starting out as a small sub-brand with limited services on offer, Tesco Bank now has more than 8 million customers and continues to grow.
As Tesco provide services exclusively for everyday consumers, dynamic development finance is largely out of the question. Competitive mortgage deals may be available, but Tesco Bank doesn’t currently offer any commercial or business banking services. Hence, if you’re looking to secure the best possible development finance deal, you’ll need to direct your search elsewhere.
The UK is home to dozens of independent lenders who specialise in flexible and accessible development finance. Here at Donkey Finance, we compare each and every one of them to get our customers the best possible deals. Whatever the size and nature of the development project, we’ll do whatever it takes to find the funding solution you need.
For the perfect package of flexibility, affordability and support you can count on, you’re in safe hands with Donkey Finance!
Development finance is a very specific type of funding, which is provided exclusively to cover the costs of construction and renovation projects. While it’s possible to fund development projects with more conventional loans, development finance typically attaches the most amicable borrowing costs and conditions.
Borrowers can apply for up to 75% of the total project costs, with loans available from around £250,000 and up. Many mainstream lenders like Tesco Bank offer no viable services for property developers, who may instead find better deals from the UK’s more dynamic independent lenders.
By carrying out a whole-market comparison, we’ll find the perfect source of funds for your project. Call Donkey Finance today, or drop us an e-mail and we’ll get back to you as soon as possible.
In many instances, a poor credit history doesn’t have to stand in your way of qualifying for development finance. Just as long as you can provide sufficient collateral, you’re almost guaranteed to be accepted.
From planned construction works to on-going projects of all shapes and sizes, we’ll do what it takes to get you the funds you need, whenever you need them. Get in touch with the team at Donkey Finance today for more information, or to discuss your requirements in more detail.
Free... No Obligation, No Preliminary Credit Checks