HBFI's Accelerate product is in response to a recommendation from the 2023 review of HBFI by the Minister for Finance. The product is designed to assist larger developers, with a track record of delivering schemes of 100 homes or more, accelerate delivery if they are unable to access sufficient funding elsewhere. This product can be provided on a stand alone basis or on a syndicated (shared) basis with other lenders.
The indicative Accelerate Product criteria are as follows:
- For developers with a track record of delivering schemes of 100 units or more
- No limit will be placed on the scale of the scheme
- Gearing of up to 70% (includes site purchase and development funding)
- Margins and fees will be assessed on a case by case basis
Any other questions?
If you would like to enquire further about this product, have any further questions or would like to submit an application for funding, then please complete and submit the enquiry form.
Following submission of the form, a member of the HBFI lending team will contact you within two working days to answer any queries that you may have and/or guide you through the application process.
Please also see our FAQ Section for further information.
The criteria set out above are indicative only and subject to change. HBFI will assess each transaction on its own merits and each transaction will be subject to the applicable terms and conditions. If an applicant meets the above mentioned criteria, this does not guarantee credit approval. HBFI reserves the right to make its final decision based on the full application and supporting documentation.