BRIDGING
LOANS

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Our flexibility allows us to reach decisions quickly. Our agility allows us to lend where many others may not.

Loan Criteria

Who we lend to
Developers, investors, home owners

Typical borrower
Property Developers/Investors

Types of projects
Acquisition bridge, exit bridge

Rates
12% +

General criteria
Clear purpose for loan requirement
Clear exit strategy
Loan secured against UK real estate

Asset type
Real estate

Loan size
Up to £1,000,000

Term length
Up to 12 months

LTV
Up to 75%

Where
UK wide

Borrower or broker will contact us with outline details of the project.
We will respond with any further questions.
Once satisfied we will issue Indicative Terms to the borrower or broker. This is typically within one working day.
Upon agreeing to the indicative terms, the borrower pays a commitment fee to begin the underwriting process.
Further due diligence will be undertaken which may include additional information gathering, legal & property DD, valuations, surveys and professional reports, as well as security and facility documentation.
Following successful completion of underwriting process, satisfaction of any conditions precedent and execution of legal documentation, funds are released and the deal becomes live.
Subject to loan type, we may require a project monitoring surveyor or other professional party to undertake regular visits to assess progress and timelines.
Upon successful exit from the project, the borrower repays us along with any outstanding interest.

LOAN: £300,000
LTV: 74.4%
2nd Charge exit bridge on a completed development.
The developer had an equity shortfall on another site. As the completed development had a sales overrun, our bridge allowed them to complete on the new site.