Other Services 
Joint Venture Finance
A lot of property developers are restricted on the number or scale of projects by the level of company cashflow. However, there are options available to help you grow your business.
Usually the funder will provide the finance and the developer provides the opportunity and the expertise. For the most part, the funder is a silent partner and will just require regular reports on progress whilst the developer is allowed to construct and sell the development as normal.
We have assisted with the introduction and completion of many Joint Venture partnerships which have often led to longstanding and fruitful relationships for future developments.
Some key requirements of Joint Venture Finance
Remember that Aureum Finance will be alongside you throughout the process and will be on hand to review documents or answer any questions you may have
- Experienced Developers
- New build or conversion projects
- Multiple unit developments
- Individual residential unit values of under £1m each
- Commercial and mixed-use schemes can be considered
- Planning permission in place
- Locations throughout the UK with good connectivity
- Guarantees required for cost and interest overruns
Be aware that with joint venture’s there is an element of the funder getting to know the developer, as well as the project. They will want to understand the developer’s previous track record and capability whilst also reviewing the project and therefore it will take a little longer than standard finance. Invariably this will mean that developers must allow for more lead in time before purchasing the site and should set the vendors expectations accordingly.
When you work with Aureum Finance you will benefit from a team that holds decades of lending experience. We are here to help you find the best solution for your funding requirements.