What is a developer loan?
A developer loan, also known as developer credit, is specialised financing that covers land acquisition and the construction of a real estate development. Unlike a traditional mortgage, capital is released in tranches as construction progresses, which reduces total interest costs during the build phase.
At GrupInversor we help you secure financing of up to 75% of total project cost (land + construction), with a feasibility response in 24-48 hours and no mandatory bank ties.
Who is it for?
For professional real estate developers (SPVs, holding companies and recurrent developers) who need to finance land and construction of new builds or full refurbishments.
When is it used?
At project inception: after land acquisition, with permit obtained or in process, before reaching the pre-sale threshold required by traditional banking.
How is it repaid?
Through sales of completed units or buyer subrogation. There is an option for partial grace period during construction to align the financial schedule with the build schedule.
Why choose our developer loan
Up to 75% of total cost
We help you structure financing for land and construction. No mandatory pre-sales required to start.
Response in 24-48h
We analyse your project and give you a viability response in less than 48 hours.
Drawdowns by certifications
Capital is drawn as construction progresses, reducing total interest costs.
10+ years of experience
We have supported hundreds of developments across Spain, connecting developers with the right financing.
No hidden fees
Full transparency on costs and conditions from the first feasibility analysis.
All of Spain
We cover projects in any Spanish province, from major cities to smaller municipalities.
Developer loan conditions in 2026
We offer competitive, transparent conditions tailored to the reality of each development. These are the typical parameters of our developer financing operations.
Fixed interest rates during the construction phase, no mandatory ties and drawdowns linked to construction certifications.
Collateral and requirements
We assess each operation on its own merits. These are the collateral types that are usually accepted and the basic requirements we evaluate before obtaining a financing offer.
Accepted collateral
- Mortgage on the land and the development under construction.
- Personal guarantee from the developer or SPV partners.
- Pledge of shares of the vehicle company.
- Cross-collateral with other unencumbered real estate assets.
- Assignment of pre-sale collection rights (in advanced operations).
Basic requirements
- Professional developer with experience or solvent technical team.
- Land owned or with firm purchase commitment.
- Building permit obtained or in advanced application.
- Financial viability plan with realistic margin and schedule.
- Minimum 25% equity contribution of total project cost.
- Contractor with proven technical and financial capacity.
Required documentation
With this documentation we can issue a feasibility response in 24-48 hours. If you are missing any document, we can advance with a preliminary analysis and request the rest during the process.
Project memo
- Technical memo and plans.
- Financial viability plan.
- Construction schedule with milestones.
Land and permits
- Land deed or purchase contract.
- Building permit (or status of application).
- Urban-planning status of the asset.
Developer and contractor
- Developer profile (CV, prior developments).
- Proposed contractor data.
- Updated CIRBE for the SPV and partners.
Financial analysis
- Detailed construction budget.
- Market study and sales comparables.
- ECO appraisal of the land (if available).
Step-by-step process
From the first consultation to notarial signing, this is how we work with every developer who trusts GrupInversor to finance their real estate development.
Contact
You tell us about the project and, in an initial call, we identify viability, amount and optimal structure.
Review
We assess memo, financial viability, land and developer profile. Pre-feasibility within 24-48h.
Offer
You receive a detailed offer with amount, term, interest rate, collateral and drawdown schedule.
Closing
ECO appraisal, legal review of land and permits, and notarial signing within 2-6 weeks.
Drawdowns
Drawdowns by construction certification signed by the works management, monitored until repayment.
Developer loan vs bridge loan vs alternative financing
Three financing products often used by real-estate developers in Spain. They cover different moments in the project lifecycle — and they are often combined.
| Developer loan | Bridge loan | Alternative financing | |
|---|---|---|---|
| Main purpose | Finance land acquisition + construction of a development. | Cover a temporary liquidity gap (land before main loan, exit from bank facility, completed-stock). | Funding when bank financing is unavailable or too slow. |
| Typical term | 12–36 months | 6–18 months | 6 months – 5+ years |
| Max LTV / LTC | Up to 75% of total project cost | Up to 60–70% of asset value | Case-by-case — depends on collateral |
| Collateral | Mortgage on land and the development under construction. | Mortgage on an existing real-estate asset. | Real estate, shares, receivables, mixed collateral. |
| Approval speed | Feasibility in 24–48 h; closing in 2–6 weeks. | Feasibility in 24–48 h; closing in 1–3 weeks. | 1–4 weeks depending on structure. |
| Ideal profile | Professional developer with land and permits, starting a new development. | Developer or owner with a short-term liquidity need on an existing asset. | Operations outside the standard bank profile (timing, structure, profile). |
Not sure which option fits your operation best? We'll help you assess it with no obligation.
Contact usSimulate Business Financing in 3 minutes
Discover financing options for your business with our advanced simulator. Professional, free analysis with no commitment.
Preview
Real-time simulator
Financing Example
Monthly payment approx.
Estimated term
Available Financing Types:
Over 500 companies trust us
Developer loan by city
We support real estate projects in the main cities across Spain, connecting them with the right financing.
Frequently asked questions
Request your developer loan
Request Information
Complete the form and we will respond as soon as possible
