Commercial Acceptances, a short-term property finance lender, has introduced a credit facility to offer property developers and investors fast, flexible access to capital.
CA Revolve allows users to draw down funds and repay multiple times over an agreed term of up to two years, with interest charged on the outstanding balance.
The lender said this offers its borrowers predictability of cash flow and flexibility if project timelines change.
There are no customer fees for arranging or using the funds or repaying the debt early.
The loan facility is designed to support smaller developers in the challenging funding environment, to help free up cash and allow borrowers to progress quickly with their projects.
Loan amounts are available from £100,000 and up to 75% loan to value (LTV.)
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Security for funds must be by first legal charge over residential, commercial and retail properties.
Daniel Hertz, managing director of Commercial Acceptances, said: “For decades, CA has been committed to supporting SMEs in the property sector. We understand the challenges developers and investors face, particularly in today’s uncertain market.
“We are committed to constantly innovating and offering client-focused solutions to help developers and investors navigate a challenging environment with greater confidence.”
