Stephen O'Brien, md at Wolsey Securities, is only too aware of the challenges that developers face in securing senior debt funding at the present time.<br> <br> Wolsey offers senior debt and bridging finance up to £20million for individual schemes or companies. For the right schemes, Wolsey's funding will equate to 55% of GDV for senior debt, and 70% of GDV for bridging finance.<br> <br> With competitive and flexible terms running alongside the existing mezzanine lending products from Wolsey, this is an important development to help bolster the market, Wolsey says.<br> <br> "There has been such a demand from housebuilders, it was important to respond," says O'Brien. "Our ability to move quickly to support schemes and provide finance up to £20million presents a rare and exceptional opportunity right now. We are looking forward to helping more developers and housebuilders to grow their businesses in the future."