Exit Funding & Development Exit Finance
Release Capital and Maximise Your Project Returns
At Springboard Funding, we arrange unregulated exit funding for developers and investors who need short term finance to repay existing development loans or bridge the gap before a sale or long term refinance completes. Our exit solutions help you free up cash flow, reduce interest costs, and extend timelines without jeopardising your completed or near completed project.
What Is Exit Funding?
Exit funding (or development exit finance) is a short term bridging facility designed to replace a completed development loan or repay an existing lender once construction is finished.
It’s typically used to:
- Repay development finance while marketing the completed units for sale
- Refinance an expiring loan to gain more time for disposal or refinance
- Release equity from a finished project to start the next one
- Reduce monthly interest compared with a full development facility
Exit finance is unregulated, as it’s intended for property investment or business purposes rather than owner occupied homes.
Typical Loan Terms:
Feature: Typical Range:
Loan Size: £50,000 – £25 million+
Loan Term: 3 – 18 months typically 6 - 12 months
Loan-to-Value (LTV): Up to 75% GDV
Interest Rates: From 0.55% per month (subject to status).
Purpose: Refinance, equity release, project completion.
Speed: Indicative offers within 24–48 hours; completions in 5–10 working days if required.
Every facility is bespoke, our advisers compare offers from specialist exit lenders across the unregulated market to secure the most competitive terms.
Why Developers Use Exit Funding?
More Time to Sell: refinance your project and remove pressure from your development lender’s deadline.
Lower Cost: switch from a high rate development loan to cheaper short term finance.
Equity Release: access built up profit or capital for your next project.
Better Flexibility: extend or restructure funding during sales or refinancing.
Fast Process: short underwriting and direct lender access for quick turnarounds.
Who Qualifies for Exit Finance?
Exit funding is available to:
- Limited companies (SPVs)
- Experienced developers and investors
- Projects with practical completion or near completion
- Borrowers with clear exit strategies (sale or refinance)
We can often assist even if your current loan term has expired or default notices are pending.
Typical Scenarios:
- Completed Residential Development:
Marketing units but need to repay development lender, exit finance gives 6–12 months to sell. - Refinance in Default:
Rescue funding when an existing loan matures before the sale or refinance is ready. - Equity Release:
Unlock profit to purchase land or fund your next scheme before all units are sold. - Development Conversion:
Rolling into lighter refurb or investment phase after practical completion.
Frequently Asked Questions?
Q: How is exit funding different from a standard bridge?
A: Exit finance specifically replaces a development or bridging facility on a completed asset, it’s a subset of bridging finance tailored for project completion or sale periods.
Q: Can I raise additional capital with an exit loan?
A: Yes. Subject to valuation and LTV limits, many lenders allow capital release.
Q: What documentation is required?
A: Standard requirements include valuation, build completion certificates, title, and evidence of the exit (sales pipeline or refinance offer).
Q: Can you help if my current lender is threatening receivership?
A: Yes. We work with lenders specialising in refinance and rescue funding for distressed or time sensitive cases.
⚠️ Important Notice
We provide unregulated exit funding for property investors, companies, and developers. Our services are not authorised or regulated by the Financial Conduct Authority (FCA) and are not suitable for owner occupied or consumer residential properties.
Case Studies
Sydenham
South London
Loan Amount: £375,000
Term: 12 months
LTV: 70% (inc reburbishment costs)
Security: 1st
Background:
Client purchased an existing house with the intention of converting it into a 5-unit HMO.
Delays with works and permissions created cost overruns.
Original term was at risk of expiring before completion, putting the exit strategy in jeopardy and risking default.
Solution:
- Because the refurbishment was well advanced we negotiated a new facility.
- The new loan provided additional capital and extended the timescale.
- Ensured sufficient resources to finalise the conversion works.
Outcome:
HMO was fully completed within the additional time allowed. We were then able to secure a BTL mortgage for the exit strategy
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Always happy to meet in person
If you’d prefer a face to face meeting to discuss your requirements, we’ll be glad to arrange it at a time that suits you. We’re available outside of regular business hours, including evenings and weekends, and are happy to travel to meet you.
Contact us
Edward
edward@springboardltd.co.uk - 07378 448 241
Aston
aston@springboardltd.co.uk - 07471 754 311
Telephone: 0121 485 0027
E-mail: info@springboardltd.co.uk
Address: 11 Brindley Place, Brunswick Square, Birmingham, B1 2LP
by appointment only
