Renaissance has been involved with property development companies as a provider of specialist financing services since 1934.
Our knowledge and experience means we do a lot more than simply provide finance. Established and new home developers benefit from our expert advice, which can help reduce the risk and increase the profitability of your projects.
We understand what you are looking for when searching for property development finance. A Property development finance company that provides:
• Speed
• Flexibility
• Personal service
• Reliability
That is why Renaissance gives decisions within minutes, while funds are made available within the week. If there are any planning or commercial changes, we can adapt our funding to meet your needs. As things in the construction industry can change quickly, this is ideal for new home developers.
Our years of experience have resulted in great financial strength. We advance our own funds and have never refused a loan because of lack of finance.
What really separates Renaissance from other loan companies is our personal service. Whether you are an established or new home developer, you will always be treated as an individual by Renaissance.
One of our Directors will work with you personally. If you have any questions about property development finance, our Directors can be contacted at any time. They can also make immediate decisions, providing the flexibility that is the Renaissance trademark.
All of our staff are highly experienced in property finance. They will be available to provide any advice you may need during a project.
At Renaissance, we do everything to ensure our service runs smoothly and is stress-free for you, which is why many companies return to fund successive projects.
If you want fast, flexible, reliable and personal property development finance, Renaissance provides this service and a lot more.
All of our customers receive a personal service, which can be adapted to their individual needs. If your business needs property finance, no-one is faster than Renaissance.
Decisions can be made within minutes, while property development finance will be available to you after a few days. If there are any commercial or planning changes, our funding can be adjusted to take this into account.
Funds are made available as fast as you need them
Our processes are all minimal and as efficient as possible
We adapt our funding if your requirements change .
A partnership with Renaissance will lead to a long-term relationship, where your business can get property finance for successive projects
With Renaissance, you will get a quality service, where everything runs smoothly and stress-free.
At Renaissance, we supply:
• Housing developments loans
• Refurbishment funds
• Conversion loans
• Mixed residential and business property finance
• Bridging loans
But lending money is simply where our business begins. We have spent hundreds of hours sourcing allied trade companies.These companies can provide services to assist and improve your project.
The flexible, personal service from Renaissance means businesses return again and again to fund successive projects.
All loans are secured by way of a first charge over the subject site/property which will need to be Freehold or long leasehold.
We can provide development financing for partnerships or any other UK registered legal entity. When we are lending to limited companies we will require the Directors to guarantee the facility.
Residential development loans - up to 100% of costs of work available.
Residential refurbishments.
Residential conversions.
Mixed residential/commercial schemes.
Residential bridging.
Interest rates fixed for the duration of the loan, to be agreed according to the development.
Commitment fees: From 1% - No fees payable if an offer is not issued.
No redemption fees or penalties.
New build schemes - we will usually fund 50% of the acquisition and 100% of the construction costs. This is typically 75-80% of the total project costs.
Refurbishments / conversions - we will usually fund 65% of the acquisition and 100% of the costs of work
Bridging - we will usually fund 65% of the value.
Facilities are set up for between 6-12 months and are renewable.
Minimum facility - £100,000.
Maximum facility - £5,000,000.
Whatever your needs, please be assured that we will strive to meet your needs as efficiently and promptly as possible.
Renaissance Business Finance are an established Commercial Finance Company that are active in all commercial and residential property developing and financing, mortgages,trade finance, marine loans,overseas trade finance and overseas mortgages, both commercial and residential.Whatever your need we will do our best to fulfil it.
Http://www.Renaissancefinance.Co.Uk.
