Development Loan or Bridging Finance: Which is Right for Your Property Development Project?

When you’re planning a property development project, you’ll probably need to borrow money from somewhere to cover the costs of construction, marketing, or buying raw materials. While you can use your own savings or personal loans from friends and family, it might be better to get a development loan from an institution that specializes in these sorts of deals. 

But what exactly is the difference between a development loan and bridging finance? Which one should you choose for your project? In this article, we’ll look at the main differences between these two financial products and help you find the right one for your needs.