Types of Funding
Senior Debt
Typically, a modest loan to value facility of up to 65% to assist with the purchase or refinance of an asset. The pricing for this style of debt is competitive and usually involves a single lender and is often an interest only profile.
Stretched Senior
When a slightly higher loan to value is required, we can arrange facilities where the LTV is increased. Up to 75% of the asset value can be obtained and the lender will expect some amortisation to reduce the loan over a pre-determined term.
Development Finance
Across all sectors we are able to secure competitive development finance structures. These include industrial/retail parks, multi-unit residential developments, single dwellings, student accommodation, office or healthcare. Usually drawdowns are phased over the development term with the lender requiring a monitoring surveyor to ratify completed works and agreed milestones.
Bridging finance
Bridge finance by its very nature is short term and is a useful tool when used as a stepping stone towards a defined exit strategy. It can be used to assist with a letting void, planning gain or asset management programme. Lenders in this sector act quickly and efficiently. Pricing varies in relation to the risk involved but is a little more expensive than conventional debt.
Junior Debt
Senior Debt can be topped up with a Junior Debt facility. This may be on a second charge basis and will rank behind the Senior Debt provider. The blend of the two interest rates will provide a competitive alternative to a Stretched Senior facility.
Mezzanine Finance
Mezzanine loans have become a common alternative to conventional subordinated financing where the terms of a senior (first charge position) loan prohibit the securing of junior loans on the subject property.
Its exact nature will vary depending on the needs of the client concerned and the provider of the mezzanine finance. Other Areas of Financial Expertise Whether you
Equity
We have access to sources of Equity that a client might require to complete the capital stack for a real estate project. Each deal will be looked at on its own merits with terms negotiated accordingly. The Equity provider will normally require a form of profit share to reward him for his investment.
Joint Venture
We are able to introduce clients who have differing skill sets and financial abilities. By marrying the expertise of both parties, we are able to structure debt facilities to suit both sides.
Other Areas of Financial Expertise
Whether you have a new financing requirement or want to improve on existing terms we will swiftly and efficiently arrange the finance that best fits your needs.
Given our broad and varied selection of services, we are able to extend financial solutions to the following areas in addition to the more traditional forms of real estate finance:
- Asset-backed finance
- Aviation finance
- Invoice discounting
- Marine finance
- Trading businesses finance
We can also arrange finance in other jurisdictions including mainland Europe and the Middle-East.
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