We can help you to get JV funding in Glasgow if you need to purchase a property at auction and you need to find finance fast. Due to the large expense of developing properties, you often need tailored solutions. With this type of funding, the investor agrees to fund your venture in return for a share in the profits.
Money for a project that is being developed by more than one developer is called a joint venture, equity development finance, or JV development funding.
Unlike more conventional forms of property development financing, joint venture funding can provide access to up to 90% of the development expenditures for a project. In addition, developers with a history of successfully completing projects may be eligible for all available financing.
Both well-run established developers and newer, less experienced players might struggle with cash flow issues. When you don’t have money set aside as a down payment for the next contract, you’re stuck with fewer alternatives and slower expansion. A Joint Venture (JV) structure, on the other hand, allows for the sharing of risks and costs while providing access to additional resources and expertise.
JV funding can be a good option when you don’t want to wait to get your project moving, and it is suitable for experienced investors.