Pluto Finance has completed a third loan for a leading South East developer to fund three new build projects.
The £22m stretched senior loan will finance the development of a 65-unit apartment scheme in Bracknell and the final stage of a 103-unit apartment scheme in Camberley.
Justin Faiz, Partner at Pluto Finance, said he was delighted to have closed another loan for a repeat borrower.
“We focus on building strong long term relationships with our clients and have strong appetite to fund well-located development projects throughout the Home Counties,” said Justin.
“This loan, which is secured against both consented and un-consented sites, demonstrates our ability to be flexible in our approach to structuring.”
Since July 2015, Pluto has provided £200m of new funding to developers including a £30m loan to Galliard Homes.
Pluto Finance has completed a third loan for a leading South East developer to fund three new build projects..
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