Successful Bridging and Development Finance for 26 Million GDV Project
Delivering bridging and development finance for 26 million GDV project developments requires deep market knowledge and strong lender relationships. In this case study, Articus Finance structured a bespoke dual-stage facility for a long-standing London developer. By combining bridging and staged construction funding, we ensured this major scheme moved ahead quickly and confidently, despite hurdles where mainstream lenders could not deliver.
Introduction
Major property developments often demand flexibility that traditional lenders cannot provide. With strict underwriting and slow processes, high-street banking channels rarely serve developers who need both speed of acquisition and phased construction support. This study highlights how Articus Finance arranged bridging and development finance for 26 million GDV project requirements, carving a pathway forward for a developer intent on maintaining momentum.
Client Background
The client was a highly experienced London property developer, with a reputation for delivering complex residential schemes over the last decade. He had successfully completed multiple projects ranging from boutique apartment conversions through to large mixed-use sites. His track record of profitability made him attractive, but the size and speed required for this £26 million GDV project made conventional banking solutions impractical.
Key profile details included:
- Industry Standing: Well-established in London market with proven completions.
- Scheme Value: Projected GDV £26 million upon final sale of units.
- Investment Model: Balanced exit strategy targeting both sales and retained rental income.
- Immediate Requirement: Secure the site purchase fast to prevent rival bids undermining the transaction.
While credibility was unquestioned, traditional lenders applied slow, rigid approval processes and were unwilling to fund with such urgency, risking the acquisition opportunity altogether.
The Challenge
Securing bridging and development finance for 26 million GDV project circumstances required overcoming complex obstacles:
- Time-Sensitive Acquisition: The site required immediate bridging finance with little lead time.
- High Quantum: Funding needs exceeded levels most mainstream lenders were comfortable underwriting.
- Multi-Stage Drawdowns: Construction financing would need phased release aligned to contracting milestones, demanding precise structuring.
- Institutional Risk Appetite: Conservative lenders were hesitant in approving loans at such a scale without prolonged due diligence.
Without specialist intervention, the acquisition risked collapse, as high-street lenders were not positioned to accommodate large, fast-moving requirements.
Our Solution
Articus Finance created a tailored two-phase strategy. By integrating bridging and staged development finance into one cohesive plan, we enabled acquisition certainty while supporting construction through to delivery.
- Phase One – Rapid Bridging Loan: Immediate liquidity was arranged for site purchase, ensuring the developer secured the property without delay. Flexible terms were negotiated to accommodate swift transition into a longer-term facility.
- Phase Two – Development Finance: A specialist lender provided a phased loan, with staged drawdowns tailored to construction milestones, supported by professional monitoring reports to reassure lenders and secure consistent cash release.
- Bespoke Underwriting: Our case packaging highlighted the client’s proven track record and profitability, reframing the deal from a risk to a major opportunity.
- Lender Alignment: We matched the scheme with a lender accustomed to projects above £20 million GDV, ensuring awareness of complexities associated with significant London developments.
This strategic arrangement ensured the client not only retained his acquisition but maintained uninterrupted funding across all phases through completion and exit.
Key Highlights
- Gross Development Value: £26 million
- Facility: Bridging acquisition loan transitioned seamlessly into structured development finance
- Lender Type: Specialist commercial finance provider with appetite for high GDV projects
- Result: Developer completed purchase and construction programme with no liquidity gaps
Delivering Bridging and Development Finance for 26 Million GDV Project
Our ability to create hybrid strategies is what positioned us to succeed. By using speed where it mattered—through bridging finance—and coupling it with precise longer-term solutions, we offered flexibility that safeguarded construction throughout. Developers facing such complexities benefit from our ability to negotiate layered solutions while thinking strategically over acquisition, build, and exit phases.
Why Articus Finance Delivered
Delivering bridging and development finance for 26 million GDV project solutions requires absolute expertise, not generic broking. Articus Finance delivered because of:
- Agile Sourcing: Fast access to bridging lenders prepared to engage on prime London projects of significant size.
- Proven Packaging: Our underwriting presentation gave private banks and specialist lenders the confidence to proceed despite scale.
- Unique Lending Panel: Access to a curated network offering bridging, development, and Development Exit Finance pathways.
- Strategic Oversight: Beyond executing a loan, we mapped the developer’s journey from acquisition to sales exit, anticipating refinances and capital release requirements.
These differentiators allowed us to achieve one seamless approach designed to support continuity across all phases of the scheme.
Explore Related Insights
- Bridging Loans
- Deve
- lopment Finance
- Development Exit Finance
- High Net Worth Mortgages
- Private Bank Mortgages
- Articus Case Studies
- Guides Library
- Financial Conduct Authority (FCA)
Final Thoughts
This case illustrates that bridging and development finance for 26 million GDV project funding can be successfully achieved with the right structuring. By combining speed in acquisition with staged drawdowns across construction, Articus Finance enabled the developer to capture the opportunity and deliver confidently. Where mainstream lenders set rigid barriers, our ability to innovate produced measurable success, proving that ambitious developments can flourish with the right partner in place.