Jason Dempsey

Developer Money Market hires new business manager



Developer Money Market (DMM) has appointed Jason Dempsey (pictured above) as a new business manager.

In his role, he will support property developers and investors seeking finance for their property projects.

Jason has a background in senior development, stretched senior, mezzanine and bridging finance, and joins the property development finance brokerage from Calmez Ltd, where he worked as a new business manager.

Commenting on his appointment, Jason said: “I am here to present the funding requirement to the lender and get them interested in providing funding. 

“I know only too well how important it is to professionally package a deal in the right way for a lender, and sometimes these can be complex cases.  

“There are many challenges for developers, but we’re here to help make property investment opportunities a reality.”

The DMM online loan comparison platform includes senior development, stretched senior, mezzanine and bridging loans, between £25,000 and £100m, from more than 100 specialist lenders.

Through the platform, users can match instantly with over 300 property loan products against their particular project finance requirements and compare the features of each.

After the developer inputs headline information for their specific project, the search process matches the information, such as loan size, LTV and loan term, and then only presents the financial products that may be suitable.  

A slider tool enables the client to instantly vary the level of potential equity being provided, which may bring in more options if required.

“As well as matching potential loan products, our platform also provides an insight into the likely appetite of the lender, for example, whether they will only lend in particular geographical locations, preferred types of project and so on,” added Jason.



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