Under normal circumstances we are able to provide loans equivalent to 70% of the estimated GDV of the project, however, in instances where clients can provide additional security we can often provide funding up to 100% of all site purchase, development and finance costs up to a limit of £50 Million. We also provide 'Mezzanine' finance on a second charge to facilitate additional 'top-up' funding.
Several factors contribute to the over cost (loan amount, term, development type) so the rate of interest and fees payable vary from project to project. We strive to secure you the most competitive & comprehensive finance package for your development project and any facility setup fees are agreed initially and are generally nominal in relations to the overall project cost.
We are a credit broker not a lender.
Village Funding Limited is an Appointed Representative of Optimum ELITE which is a trading name of Optimum Commercial Solutions Limited, registered in England and Wales 09518480. Optimum Commercial Solutions Limited is authorised and regulated by the Financial Conduct Authority FRN: 808754.
Village Funding Ltd, is registered at The Coppice, Rowney Green Lane, Birmingham. B48 7QF. Company Register number is 13817312. Our FCA registration number is 969838. You can check via www.register.fca.org. We are registered with the ICO, ZB 300658 and you can check via www.ico.org.uk.
We conduct both regulated and unregulated business and therefore not all products provided through us are regulated by the Financial Conduct Authority.
We may receive a commission from the Lender that will vary depending on the lender, product or other permissible factors. The nature of any commission model will be confirmed to you before you proceed.
Our aim is to provide you with a professional and efficient service. However, there may be occasions where you feel this has not been achieved and should you wish to make a complaint about any aspect of the service we provide to you, you can do this by writing to (office address), or by telephoning us on (office number) where we will try to resolve your concern at the earliest time possible.
