Bridging Finance; Secured Loans; Commercial Mortgage; Mezzanine Finance; Development Finance
Bridging Finance is a short-term loan secured against commercial property or land for periods of up to 24 months. We can arrange bridging loans for amounts ranging from £50,000 up to £10 million. Bridging loans can be arranged at short notice and are secured on property or land owned by the borrower. Security can be provided by one or more properties on a first or second legal charge basis. Typically bridging loans are available for up to 80% LTV. Bridging loans are designed to be flexible.
Secured Loans are also known as second charge loans. Secured loans can be arranged as a second charge against Commercial Property or Land. These loans can be used for consolidation of debt, growth, development and any commercial reason. Loans can be up to a £1,000,000. The term can be 3 – 20 years.
Commercial Mortgage is a mortgage loan secured by commercial property. The commercial mortgages are typically used to fund, refinance, or redevelop commercial property. Commercial mortgages can be used to buy an office building, shopping center, industrial warehouse, or apartment complex, nursing home, factory, hotels, shops, restaurant & pubs.
Typically commercial mortgages are available for up to 70% LTV and the term can be anything up to 25 years. They can be set on interest-only or capital and interest basis.
Mezzanine Finance is often described as a ‘hybrid’ that combines elements of debt financing and equity financing and can provide a relatively inexpensive alternative to private equity/VC & Angel investor funding. Mezzanine finance can be cost-effective way to finance growth strategies that entails an element of risk.
Mezzanine finance providers lend money on the same basis as banks. Most mezzanine finance providers will advance from
£1 million to £10 million. Mezzanine finance is an alternative finance in circumstances where bank finance is unavailable and when the existing owners are reluctant to dilute their holding by new equity investors. It can be used to fund acquisitions, property development, management buyouts or expansion plans.
Development Finance is a facility secured by way of a legal charge on a commercial property. Development Finance can be advanced to a property developer who could be an individual or a company. Development facility can be granted for a period of 6 months to 24 months, and we work with a number of lenders who work with professional developers and advance up to £20 million.
Development Finance is a facility secured by way of a legal charge on a commercial property. Development Finance can be advanced to a property developer who could be an individual or a company. Development facility can be granted for a period of 6 months to 24 months, and we work with a number of lenders who work with professional developers and advance up to £20 million.
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