The loan term being up to two years and a minimim annual interest return pa of 30% with a 1% minimum arrangement fee and an end fee of 1.5%.

They will top slice fund to 90% of costing as long as the senior debt is from a quality banker, where they will receive their priority after the first charge.

Our other financiers will lend a minimum of £500k to a maximum of £10m and will mezzanine fund also to 90% but the key points to these loans, must be that the clients must have a very good and established property track record and the development must show an annual return as banker one.

These bankers require a profit/element share in the company that owns the property of between 33% and 50% dependant on the financial viability and quality of the development.

To obtain an indication of our banker’s interest in the transaction, I would need the following:

Financial viability.

Details of the scheme.

Track record of the clients:

Funding required.

To begin with this can be shown on a few pages in an overview basis.

It normally takes around two weeks to obtain an offer once all documentation is provided and a valuation is completed.

We have private bankers who will provide non status funding, which can also be to overseas companies and individuals.

The minimum loan is £200k and the maximum £4m, all interest only for a one year period, which can be renewed if the account has been conducted well.

The rates of interest are for quality cases at 4% over libor with a 1% fee and a 1.25% out and for non-prime loans, then there is monthly service charge of .75% a month and an interest rate of 3% over libor so some 16.7% APR in total. 

The loans can be redeemed with only interest payable to the month end and the 1.25% end fee.

 Please let us know if you have interest and I will introduce you directly Contact Us