![](https://d38zsuxv3iifb7.cloudfront.net/app/uploads/2022/05/Borrowers_Ireland_case_study_3-1024x416.jpg)
A facility to assist with the construction of three houses on a site in Cork.
The Borrower used an SPV for the project of three 3,000 sq. ft. houses.
The estimated construction timeline was 6 months, however a term length of 18 months was sought to allow sufficient time for full fit-out and the raising of conventional mortgages.
An experienced developer oversaw the project, supported by a local builder.