SDKA Completes Largest Loan to Date: £3.75m Development Exit Loan for Preston New Build Project

SDKA is proud to announce the successful completion of its largest loan to date – a £3.75 million development exit loan secured against a project of nine newly built homes in Preston. This milestone 12-month loan is above their published maximum loan value, demonstrating that SDKA can offer the flexibility of decision-making on the right deal.

The deal was introduced by broker Adapt Finance, who played a pivotal role in facilitating the agreement. Adapt commented, “Working with SDKA on this deal was a great experience. They are a standout and enthusiastic lender, always going the extra mile to meet the client’s needs—living up to their #welovetolend brand. The support provided by the entire team at SDKA was phenomenal; communication is what makes SDKA a pleasure to deal with.”

SDKA’s Managing Director, Kunal Mehta, who personally visited the site, added: “A big thank you to our institutional funders for their ongoing support. SDKA is committed to being flexible, fast, and client-focused, and this deal is a testament to that. I’m incredibly proud of the hard work and dedication shown by our entire team in making this happen.”

The legal work was expertly handled by Gregory Palos and Charlotte Moger of Lawrence Stephens, ensuring a seamless transaction.Securing the loan against nine newly completed homes, SDKA demonstrated its ability to tailor financial solutions to the specific needs of each client. From personally meeting the client, completing a site visit and ensuring smooth legal collaboration, SDKA remains committed to delivering outstanding service to both clients and brokers, from start to finish.