Homes England provide a £25m revolving fund to Invest & Fund

BDO.LiveSite.Deals.DealTypeTransaction Services
BDO.LiveSite.Deals.IndustryReal Estate
BDO.LiveSite.Deals.ClientNameHomes England

Homes England and Invest & Fund, a leading development finance lending platform, have announced a seven-year partnership to increase the amount of finance available to SME developers to help them grow and deliver more homes at pace.

Under the collaboration, Homes England will provide a £25m revolving fund to allow Invest & Fund to support small builders with construction loans of between £400k and £2.5m, funding schemes of two homes and upwards, at up to 80% Loan-To-Cost.

BDO provided financial due diligence on Invest & Fund Limited.