Secure Trust Bank's Real Estate Finance (REF) team is committed to providing up to £100m of funding to support Britain's SME housebuilders.
As part of this, loans of between £1m and £5m are available to developers for smaller new build or refurbishment projects around the UK, for sale or rent*.
Andy Scott, Regional Head of the Real Estate Team, said: "Whilst our support for larger residential and mixed-use investment and development projects is well known, we want to make an explicit commitment to support SME housebuilders to bring smaller sites to life. Small housebuilders remain fundamental to delivering the UK's housing needs by creating high quality new homes across the UK, yet in certain circumstances achieving finance remains difficult.
"Our commitment today aims to overcome this barrier, helping smaller developers get their schemes off the drawing board and on to site, boosting the supply of new homes and creating jobs in the process.
"We believe we are in a unique position to support this sector as an established, well-funded and capitalised UK bank which continues to provide a fast and personal service with flexible terms provided by our dedicated Relationship Directors."
For further information or to request a brochure please contact us.
*This does not automatically represent an offer to enter into a loan facility with Secure Trust Bank and will still require to be formally approved.
