Positive Commercial Finance

Development Finance At 4% Per Annum.

2011-08-27T03:12:00.001-07:00

Development Finance At 4% Per Annum.

LTV/ C:

Land - Up to 65% of OMV or Purchase Price (whichever is lower)

Build - Up to 50% of total development costs

Costs/ Fees:

1.5% Arrangement Fee

Interest at 4% per annum

1% Exit Fee

Conditions Precedent:

Funder will seek evidence of applicants stake input which must be utilised first.

Outline planning permission to be granted prior to first drawdown of Land loan.

Full planning permission to be granted prior to first drawdown of Build loan.

Interest roll up for a maximum period of 9 months for multiple plot developments.

Applicant must show sufficient development experience & clean credit history.

Please submit a brief synopsis for consideration.

Residential Bridging & Development Finance

2011-08-27T03:07:00.000-07:00

Residential Bridging & Development Finance

Our funding partner offers a broad product range with the flexibility to find that funding solution.

Planning Gain:

We can provide bridging finance to secure an existing property so planning permission can then be sought. Lending will be based on the current market value of the existing property. Once full planning permission is achieved, a development finance loan can see the project through to fruition.

Mezzanine Finance:

Our funding partners can offer mezzanine finance to top up senior debt in certain circumstances

Bridging:

From £100k to £5m

30 days to 12 month terms.

Up to 70% LTV

From 0.85% per month on a First charge

From 1.2% per month on a Second charge

No exit fees or redemption penalties.

Interest roll-up available

Development & Mezzanine:

Up to 65% of GDV

1% Arrangement Fee

1% Exit Fee

From 7.5% per annum for senior debt.

Mezzanine finance priced on a case by case basis.

For projects with a GDV ranging from £750k to £10m.

unsecured business loans

2011-08-15T04:05:00.001-07:00

the unsecured loans:

Must be limited companies (or a partnership with 4 partners or more)

35k to 100,000k

1 or 3 year

3% arrangement fee

8 to 9% interest (subject to criteria)

My success fee is 1% (min £500)

You would be paid 50% of the success fee per loan

Need a company Experian score of 60 or above

I need co name, co number, loan amount and term to see if they qualify

They may ask for pgs