How much can I borrow?
Unlike many providers, we can lend with no strict upper limit. Through our access to the whole market, including specialist lenders and private funding lines, we can fund your enquiry, no matter how large.
We classify anything over £1,000,000 as a large loan.
We can offer loans up to 75% loan to value (LTV). Where refurbishment will be taking place, we can usually also lend the cost of the works.
Do your funders have a set criteria?
We work with numerous lenders, all of whom have different criteria for lending.
As the loans become larger, applications tend to be underwritten on a bespoke basis. If an application makes good business sense, we can probably lend.
Can I get a better deal if I’m borrowing more?
Yes, you’ll usually benefit from lower arrangement fees and may also achieve lower interest rates.
These points are usually negotiated individually.
Standard arrangement fees are usually 2% of the loan amount. This would usually come down to no higher than 1% on larger loans.
Working with ABC Finance Ltd.
The bridging finance market is a complex and competitive industry and many lenders can only be reached through carefully selected brokers.
We work with a wide variety of different funding sources including specialist banks, peer to peer lenders, family offices and very specialist lenders.
We can access the whole market to liaise with these specialist funders, using our knowledge of the market and strong relationships to secure you the best possible terms.
Our job is to secure you the best possible terms, so we will fight on your behalf to negotiate interest rates and arrangement fees down wherever possible.
What can I borrow against?
We can lend against the following:
- Property acquisition
- Care homes
- Housing developments
- Planning gain applications
- Hotel developments
- Apartments (single or block)
- Office blocks
- Factories and industrial units
- Leisure facilities
- Land – with or without planning
Who can borrow?
We can lend to the following:
- Non-UK based individuals
- Pension funds
- Limited companies
- Offshore companies