Why Architects should consider development finance for their clients
Architects tend to be one of the first ports of call for a Property Developer looking to get a new project off the ground. Being involved so early means there is often a long wait between the first plans and breaking ground on construction. But Ralph Black, CEO of Commercial Finance Brokers UK (CFBUK), suggests there is a way for architects to help accelerate this process by building a mini project team that covers all the key elements: Developer, Architect, Builder and Commercial Finance Broker.
Pulling together a mini project team can secure the place of the Architect as right-hand man to the Developer so they may;
- Get the project up and running with minimum delay
- Potentially save considerable time and effort
- Provide all parties with security of payment direct from the lender
- Strengthen the relationship with your client, increasing the chance of repeat business
- Build your brand and enhance your reputation
Introducing an independent, whole of market Commercial Finance Broker onto the team early on in the process alongside the other key players makes the Architect central to project management. The Broker can use his or her experience to match the client’s project with secured, competitive finance to get the project up and running.
The value of this additional service is huge. Finance options can be tailored to the preferences of the client including staged payments at agreed stages throughout the project. Overall the Architect has provided a streamlined process that gets a joined-up project team (Architect, Developer, Builder and Broker) working together without delay to deliver the project on time and on budget. Everybody wins!
Media contacts
Hana Ballard: Hana@thebridgemarketing.co.uk | 07810 448319 | 01394 383646
CFBUK
CFBUK is provides innovative commercial mortgages for businesses and property investors. It is a market leading brokerage that takes the hassle out of obtaining commercial and business finance. CFBUK is an independent, Whole of Marker Broker that can deal with all lenders operating in the UK. With over 20 years’ experience and a famous, no-nonsense approach, the service they provide is fast, efficient and focused on results.
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