The best thing to come out of the credit crunch in 2007/8, was that the over reliance on Banks for funding SME’s in the UK came to an end and their reluctance to fund any type of business, led to the creation of the alternative finance sector.

Property Development Finance in Yorkshire came on leaps and bounds at this time and just like the challenger banks, alternative finance providers are efficient, well funded through large scale investment,  customer friendly and ready to do business with the nation’s small business owners.

You only have to look around Leeds and surrounding areas in West Yorkshire to see the amount of development going on…Large scale development projects appear to be the norm and commercial property development particularly is booming.

The number of Bridging Finance deals in Leeds increased exponentially as lenders opened their vast war chests and decided that finally, commercial property lending was something they now wished to enter into again, due in no small part to the yields now being achieved on Buy to Let, residential and commercial property projects.