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Pre-Completion Loans
Pre-completion finance loans are designed for construction and development projects that are close to completion, but not signed off. Similar in many ways to Exit finance, Pre-completion finance is an option for developers who are getting close to the end of their current loan term and need more time to finish the build, prior to it being sold or refinanced. Pre-completion finance is usually a short-term loan that runs typically from 3 to 12 months.
We understand that sometimes development projects can run into delays, unplanned changes, increasing costs and sometimes just plain bad luck. Sometimes, this can mean that developers find themselves with a shortage of cash, time, or both as their project comes to an end. We understand the stress of facing penalties and charges that can eat into your profits, or worst-case scenario, seeing the project fail. Fortunately, pre-completion loans can be used to close out the project. These are specifically designed to buy out an existing development loan and provide a new loan which lasts until the project is completed and sold. Unlike Exit finance, pre-completion loans are only for projects that have yet to be signed off.
Due to the nature of pre-completion finance, it may often be required at very short notice, that’s why we strive to review and grant your application as quickly as possible. Many banks and large lenders won’t provide pre-completion loans due to the increased risk given the project is yet to be signed off, and the unknown elements of the build prior to the new lender being involved. As we lend our own money, Hunter Finance takes a humanistic and personal approach to each application rather than a ‘tick box’ system. We evaluate each project individually under its own merit allowing us to tailor an offer best suited to you.
What do we look for in our Pre Completion Loan customers?
For over a decade, we’ve been providing Pre-Completion Loans to developers across the South East of England, and of all sizes to help them complete their projects . We pride ourselves on offering competitive interest rates and fast professional service to all of our clients. There’s plenty to stress about in property development, but we aim to ensure that completing your project goes smoothly.
- We’ve worked with 500+ property developers
- We have funded over 800 new build properties across the South East
- Our fast development finance has helped clients achieve a profit of over £50M
- We’ve provided finance to over 150 first time developers
We know that speed is key, and we can accept your loan within 48 hours if needed. We don’t charge broker or upfront application fees. Our clients save money by dealing with us directly. There are no middlemen slowing down the funding process and taking a cut. Save thousands in fees, increase your profit and make sure your development reaches completion. We have 10+ years of experience. Hunter Finance doesn’t just lend money – our partnership teams are on hand to give you the tools, guides and legal support every step of the way from start to finish of your project. We have a proven track record and believe the personal touch is essential to a successful relationship.
No hidden costs: No brokers or upfront fees & no initial commitment.
Contact us today to find out more about our pre-completion finance and how we can help you ensure your project makes it to completion.
Pre Completion Loan Lending Criteria
We can offer Pre-Completion loans of up to £2.5million, and for a maximum term of 14 months. Regardless of what stage your build is at, we'll be able to help.
Lending Criteria
Pre Completion Loan Lending process
Our lending process is simple and quick. We're independent so we can make fast decisions that provide you with a pre-completion loan offer within 24 hours, no matter how far along your build is.
Lending Process
Who We Lend To
We specialise in arranging fixed-rate pre-completion finance facilities for first time and experienced property developers across the South East of England.
How much do we lend?Stop Searching For Finance, Start Building
No Delays
Decisions in 24 hours, every project considered including complex cases.
Pre-completion Loans that cover all costs
Access to 100% development finance before your project completes.
One loan
One simple loan to cover you, no matter what you need it for.
No hidden costs
0% brokers fees, zero upfront fees, zero initial commitment.
Secure your next project
Secure your next project before this one completes.
Accessible to first-time developers
Exclusive products and competitive fees for first time and inexperienced developers.
How do Pre-Completion Loans work?
Pre completion finance works by paying off any existing development finance you have and providing an injection of cash to get a project over the line. Whether it’s unplanned delays, rising costs or another issue that’s held up the sign off of your property, we’ll be able to help. Because we’re an independent lender of Pre-Completion Finance, we’re not constrained by bureaucracy, or by board members, committees or middle men getting in the way. Simply get in contact with us and we can discuss your options.
All fees, as well as interest, are rolled into the Pre-completion loan and repaid in one sum upon sale or refinance of the development. We’ll pay off your existing finance, and the rest of the loan can be used to complete the project. Pre-Completion loans can be taken out for a maximum of 14 months, but between 3 and 12 months is the most common term.
Contact Us for Your Pre-Completion Finance
Contact us today to help get your project over the line and to secure your Pre-Completion finance.
What Our Developers Have To Say
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