Development Finance – Enquiry Form – gravitascapital.co.uk

BORROWER REQUIREMENTS

Type

Individual/Partnership
UK Limited Company
LLP

Loan Amount Required

Loan Term

Marketing Term

DETAILS OF THE LOAN

Breifly explain the development proposition

Charge Required

GDV (Gross Development Value) *

Current Land Value *

Cost to Acquire Land/Purchase Price *

Construction Costs *

Total Development Costs (excluding finance costs) *

Is refinancing of the land required?

If yes, provide lender's name and outstanding balance:

Exit Strategy *

What is the source of deposit funds? *

PRIMARY DEVELOPMENT SITE BEING USED AS SECURITY

Property Currently Owed By *

Full Address *

Description of Site *

Sites Current Use *

Tenure: *

Freehold
Leasehold

If Leasehold, unexpired term of lease:

Provide info of any particular risks that apply to the development location, e.g. adjacent properties, site access, flood risk etc.

BORROWER DETAILS

Borrower 1 - Full Name *

Home Address *

Address Line 1

Address Line 2

City

State / Province / Region

Postal Code

Country

Contact Number

Primary Contact Number

Email Address *

Email Address

If less than 3 years, please provide previous address below:

Borrower 2 - Full Name

D.O.B.

Home Address

Address Line 1

Address Line 2

City

State / Province / Region

Postal Code

Country

If less than 3 years, please provide previous address below:

Please provide any other Directors/Shareholders with 20% or more in the additional info section.

Supporting Documentation

Please provide any documentation that may support the application including but not limited to, property valuation, rental agreements, marketing literature etc.

Planning Consent (if available)

Click or drag files to this area to upload. You can upload up to 2 files.

Build Appraisal & Schedule (if available)

Click or drag files to this area to upload. You can upload up to 2 files.

Developers CV's (if available)

Click or drag a file to this area to upload.

Any other supporting documents

Click or drag files to this area to upload. You can upload up to 15 files.

Additional Information

Please include any other useful information in this box .

Contact Approval

I consent that Gravitas Capital will send me from time to time, offers or information with regards to my historical purchasing behaviours and products and services they believe may be of benefit to me and my business. I am aware that I may withdraw my consent at any time by contacting customer service on enquiries@gravitascapital.co.uk. For more information on the processing of my personal data in this respect, please contact the email above. Please note that Gravitas Capital does not share your information with 3rd party sources other than with respect to commercial finance procurement.

Success Fee *

By ticking this box – You agree that you are one of the directors above or have the authority to agree on behalf of the director(s). You agree to pay Gravitas Capital, a success fee equal to 1% or a minimum of £1,995, whichever is more, for any funding secured by Gravitas Capital for which Gravitas Capital was the procuring cause of the financing for a period of 12 months from the execution of this Agreement. The success fee does not include any point(s) to be paid to the lending institution, closing costs or any point(s) or fees paid to other consultants for their services. The success fee is fully earned by Gravitas Capital when the finance has been approved in writing by us with terms and conditions acknowledged in writing to be acceptable to you, the client. This fee will be collected on the day of draw-down of the financing.

Authorisation *

by ticking this box and submitting this application, you authorise us to approach our panel of lenders with your proposal in order to issue you with terms. Please note we do not carry out credit searches and this application does not affect your credit rating. Our lenders may run soft searches to determine their appetite to lend, however, this will not affect your credit rating.

BORROWER REQUIREMENTS

DETAILS OF THE LOAN

PRIMARY DEVELOPMENT SITE BEING USED AS SECURITY

BORROWER DETAILS

Banking & Credit Conduct

Supporting Documentation