Teesside property development

 

Key features

  • Dedicated, local account managers
  • Loans from between £250,000 and £3 million for development costs
  • Interest roll up is available
  • Interest rates / fees agreed in advance
  • A single point of contact to help you navigate the entire process

Key information

The Teesside Flexible Investment Fund aims to support economic development in Hartlepool, Middlesbrough, Redcar and Cleveland and Stockton-on-Tees through a mix of finance to support buying a business, property funding and bond finance.

Managed by FW Capital with investment from Teesside Pension Fund

Can reinvest loans that are repaid to support more businesses in the future.

Through the Teesside Flexible Investment Fund we can provide up to 100 percent of build costs for suitable schemes with repayment terms available up to three years. We can support residential and non-speculative commercial developments.

We can provide loans for:

  • New housing developments
  • New office, industrial and warehouse developments
  • Refurbishment projects
  • Phased development schemes
  • Mixed use developments

Construction and property development companies must have a material presence in Teesside, or the scheme must be based in Teesside

Before you start your application, make sure your business meets the criteria of the fund.

The Teesside Flexible Investment Fund aims to support economic development in Hartlepool, Middlesbrough, Redcar and Cleveland and Stockton-on-Tees through a mix of finance to support buying a business, property funding and bond finance.

Managed by FW Capital with investment from Teesside Pension Fund

Can reinvest loans that are repaid to support more businesses in the future.

Through the Teesside Flexible Investment Fund we can provide up to 100 percent of build costs for suitable schemes with repayment terms available up to three years. We can support residential and non-speculative commercial developments.

We can provide loans for:

  • New housing developments
  • New office, industrial and warehouse developments
  • Refurbishment projects
  • Phased development schemes
  • Mixed use developments

Construction and property development companies must have a material presence in Teesside, or the scheme must be based in Teesside

Before you start your application, make sure your business meets the criteria of the fund.

Making an application

Before we can help you, you’ll need to provide us with the following:

  • Accounts for your company and any associated companies and a project synopsis detailing:
  • Your financial contribution
  • Any other financial contribution
  • Relevant planning permission(s)
  • The proposed build schedule
  • The value you hope to achieve from the sale of the project
  • A detailed cost breakdown of the project
  • Details of the pre-sale agreement(s) for the project demonstrating how you’ll repay our loan