Assetz Capital has provided a £6.25 million development facility to Marie Thomas Homes for a 22-unit residential scheme in Lancaster. Developer response to market conditionsMark Whelan, managing director at Marie Thomas Homes, said the company approached Assetz Capital for senior facility funding after a proposed mezzanine lender failed to deliver. Lender’s approach to SME developersMark Roberts, relationship director at Assetz Capital, said the transaction demonstrates the lender’s capacity to structure facilities outside typical lending criteria. The financing structure includes early-stage flexibility designed to address cash flow requirements during initial construction phases. The development adds to the pipeline of mixed-tenure housing schemes targeting family buyers and affordable housing requirements in the Lancaster area.