A confidence boost for regional housebuilders with lower cost funding

July 1, 2012
Business Lending Group (BLG) has recently launched its new Star Development Loan. This secured loan product is aimed at established home builders with funding up to 80% of gross development costs (or 65% of GDV). Launching the product, Stuart Parfitt, BLG's md, says: "Whilst business confidence is at a bit of a low ebb, looking past the Olympics and summer …

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