Introduced by Arc & Co, the 12 month loan provides extra time for the developer to market and sell their properties and also has additional funds built in to support their upcoming projects.

The loan is under Funding 365’s versatile Residential Bridge product which offers bespoke solutions up to 75% LTV secured against residential and semi-commercial properties across England and Wales with no admin fees, exit fees or early redemption charges.

Tom Berry, Director at Arc & Co, comments, "I’m very pleased to have refinanced our developer client so quickly through Funding 365. A development exit loan for high value units can be tricky, however we managed to complete at a great price with a quick turnaround. Jon, Allegra and the Funding 365 team were fantastic throughout.”

Jon Brooks, Head of Finance at Funding 365, adds, “We were delighted to be able to assist on this project. The client has completed the development of these properties to an exceptional standard, so we have every confidence in their capability moving forward. A special mention to Tom Berry at Arc & Co for introducing the opportunity and working closely with us to provide the best possible outcome.”