Our short term bridging loans are for purchase, refinance, property improvement or to unlock working capital for business purposes.
This unique overdraft provides you with a flexible drawdown facility giving you instant liquidity and avoids heavy setting-up costs.
Individually structured loans for residential and commercial projects, with finance available for site purchase, construction and fees, refinance, equity release and to provide working capital. Loans are available up to 90% of the site cost.
Flexible first and second charge non-regulated loans available on terms from 3 to 5 years.
We have a commitment to innovation and with the ever changing financial landscape around us we have designed a range of unique Specialist Lending products that solve a range of property finance needs.
Commercial Term Loan Cardiff.
An experienced developer / investor based in Cardiff required a Commercial Term Loan in order to convert a redundant office building into 11 apartments which were each let on AST agreements. It was necessary to repay first and second charge lenders who had provided facilities for the development.
Following receipt of the valuation, it was found that the borrower’s expectation of value had not been confirmed and following discussion a house also let under an AST was provided as additional security and ALTERNATIVE Bridging increased the Loan To Value covenant to avoid a shortfall.
It is the borrower’s intention to establish the income from the new development and then refinance to repay the term loan within the agreed 5 year term.
Our interest-only Term Loan helps support small and growing businesses and is also ideal for asset management situations.
