Mezzanine Finance

Cardiff, South Wales

  • Sonic provided a £300K net Mezzanine facility to support the developer with the refinance of the existing lender and to enable development funding to be released by the senior lender
  • The Borrower is an experienced Cardiff based developer
  • The Development will consist of new build apartments and underground parking
  • LTV 70%
  • Term 18 months
Mezzanine Finance

Ipswich, Suffolk

  • Sonic provided a £800K net Mezzanine facility to enable the refinance and lease up on income producing office building in Ipswich
  • The building was part occupied part vacant at the time of completion
  • The borrower is an established real estate investment company
  • LTV 69%
  • Term 15 months
  • The property is now under offer
Mezzanine Finance

Sutton Coldfield, West Midlands

  • Sonic provided a £500K net Mezzanine facility to an existing client on a near completed development, this allowed the client to replace their existing more expensive Mezzanine provider.
  • Established developer
  • LTV 73%
  • Term 18 months
  • Repeat Borrower
Development Loan

Falmouth, Cornwall

  • Sonic provided a £650K senior facility for the acquisition and Development of 2 bungalows
  • The developer was repeat borrower who had recently repaid a Sonic mezzanine facility
  • The facility started as an acquisition bridge and converted to a development loan upon receipt of planning permission
  • LTV 63%
  • Term 18 months
Bridging Fianance

Meath Green, Surrey

  • Sonic provided a Mezzanine loan on the development of 8 houses in Surrey
  • After practical completion and the first unit sales Sonic refinance the remainder of the senior facility
  • The borrower was provided with 12-month facility to sell the remaining units
  • The overall leverage of the sales bridge was 40% LTV

Get in touch

Speak to a Sonic representative today to discuss your funding requirements.

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