The facility, secured against a completed new-build three-bedroom semi-detached property, enabled the borrower to raise capital against a near-complete unit.

The funding has been used to complete on an auction land purchase, allowing the developer to recycle equity into their next project.

The underlying scheme comprises two newly built residential units on the same site, delivered by an experienced borrower with a strong track record and well-capitalised balance sheet.

DCI structured the facility at circa 45% net LTV.

The 12-month term offers flexibility around the timing of exit, supporting both a sale of the completed unit or a potential BTL refinance.

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The structure enabled the borrower to unlock capital efficiently from a completed asset, without being constrained by rigid exit timelines, while maintaining a conservative risk profile.

Rahul Sharma, BDM at DCI (pictured above), commented: “This was a great first deal to complete at DCI and a strong example of how development exit funding can be used to support ongoing growth for SME developers.

“The borrower had delivered a high-quality scheme and was looking to efficiently recycle capital into their next opportunity.

“By structuring the facility at a low leverage with a flexible exit, we were able to provide both certainty of funds and optionality around how the loan is repaid.”