• Loans of £200,000 - £4,000,000, more considered on a case-by-case basis.
• First and second charge lending.
• Stretched senior of up to 100% of purchase price on acquisitions below market value.
• LTVs up to 80% net day one, subject to exit.
• LTVs up to 85% on residential refurb acquisition bridges (Up to 90% net day one of purchase prices and 100% of the refurb costs provided).
• Business to business lending only (Ltd companies, LLPs or Corporate structures).
• Terms within 24 hours, subject to the asset type and due diligence required.
• Terms of 1 month – 364 days.
• No Red Book valuations, all underwriting is undertaken internally.
• In house legals.
• Rapid turnaround times of 1 – 2 weeks on first charge lending, 3 – 4 weeks on second charge, subject to the level of due diligence required.
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