capitalwas set up
Property development finance is difficult to access, lenders are difficult to compare and borrowers always need the best of market funding, quickly.
Our founder, an ex-developer, learned the hard way over 2 decades of property development and believes that with the delivery of the right technology – the process can be sped up and made more transparent for developers with little to extensive experience. However, in a specialist business, we believe human contact must remain paramount to solve problems, identify solutions and help developers get funded by the best lenders.
capitalworks for UK property developers
1. CHECK YOUR DEAL VIABILITY FOR FUNDING IN UNDER A MINUTE.
Input 15 metrics on costs, sales and duration and our platform will create a detailed financial model with live senior debt rates.
Or build out a full, detailed cost appraisal and accommodation schedule, avoiding errors in spreadsheets.
2. ADJUST YOUR DEBT AND EQUITY REQUIREMENTS TO SEE THE LIVE MARKET COST AND CASH INPUT.
By inputting the costs of your deal and adjusting the funding slider, the LTV will adjust the live market-cost of debt, fees, profit and shortfall (cash input from you).
3. SEE THE MOST APPROPRIATE LENDERS DATA-RANKED & TAILORED TO YOUR DEAL ON THEIR ABILITY, AND GROSS COST OF MONEY.
We use multiple data sources to match the right lenders with the right scheme, then show you how they compare.
If they fund your scheme, there are no brokers fees.
Lenders prefer to see deals presented in sqft.capital format, in order to issue terms on the same day.
4. WE USE TECHNOLOGY WHERE IT'S MORE EFFICIENT AND PEOPLE WHEN IT'S MORE PERSONABLE.
We are experts in development finance. We built this to speed up the process of development finance for developers and see how lenders actually compare on important factors. We are on hand to discuss how to best fund your project.
If one of the ranked lenders funds your scheme, they will pay sqft.capital a fee - which will not be added to your loan.
The methods people use to borrow money maybe have changed how they look, but the essential structure is still the same: the lender is in charge. It doesn't matter if you're sitting across the desk at a bank, or on the phone to an advisor who has a lender in mind - you're at the end of a long chain.
But in so many other industries, the power of digital has turned this on its head. From insurance, to utilities, groceries and tickets; technology has come along and put the consumer firmly in charge.
The development finance industry had been resistant to change. Cumbersome and time-consuming processes means that borrowers end up with an opaque, convoluted route to funding. We aim to transform this and improve the experience for everyone involved.
Borrowers expect a set a digital tools they can use at their own speed and want to feel ownership over how the model and optimise their requirements. Debt and equity lenders want a better way to visualise the data for profitable deals. And they both expect a blend of digital automation and human contact - which is at the heart of sqft.capital.
Our digital platform puts the power to model and access lenders in the hands of the developer and filters out the noise to help the find the partner they need. We're on call to help set up the deal when they need us. We think it's the most efficient way to finance development, and our users agree.