How it works
We provide attractive returns at a risk level dictated by the Co-Funders. Our typical Co-Funders include institutions, family offices, high net worth individuals and private clients seeking alternatives to the current low interest rates. We fund alongside or in front of our Co-Funders in every deal, providing assurance that we have full confidence in our credit process.
Case Study:
A Bridging Loan in Ireland
A residential development loan to refinance an existing loan and fund the construction of 46 houses in County Louth.
- Co-funders Rate
- 8.25%
- Location
- Ireland
- LTV
- 64%
- Term
- 18 months
- Amount
- €3.94m
- Security
- First fixed charge over properties and company shares
-
Loan for a property development
A bridging loan was required for a property development in Gibraltar, the terms were complex but financing needed to be raised quickly.
- Co-Funder Rate
- 14% pa
- Location
- Gibraltar/Trust
- LTV
- 17%
- Term
- 6 months
- Amount
- £7.2m
- Security
- First charge on properties and guarantee by beneficial owner
-
Loan to purchase residential and commercial property
A loan was required to assist with the purchase of a mixed residential and commercial property with associated remedial works in Sligo, Ireland.
- Co-Funder Rate
- 10% pa
- Location
- IOM/UK Corporate
- LTV
- 62%
- Term
- 12 months
- Amount
- £1.3m
- Security
- Charge over shares in two UK companies and 1st legal charge over UK property
-
Loan for a Swiss apartment
A loan was required to purchase an apartment in Switzerland. The loan was needed immediately to secure a bargain price, prior to arranging financing from a traditional lender.
- Co-Funder Rate
- 10% pa
- Location
- Jersey/Property
- LTV
- 37%
- Term
- 6 months
- Amount
- £1.1m
- Security
- First registered charge over Jersey residential property