Why use mezzanine funding?
Mezzanine finance fills the funding gap between a developer’s own equity and the amount of senior debt that a bank will provide. Bank lending to the property sector has reduced dramatically in recent years, and many successful developers and profitable projects have made use of our mezzanine support to fill that funding gap.
We are principal lenders who make quick decisions. By utilising our mezzanine finance you are able to:
- Reduce the equity contribution required
- Spread your equity over multiple projects
- Enhance your percentage return on equity invested
- Maximum Leverage 75% Loan to GDV
- Mimimum Loan amount £200K
- Rates from 1.25% pcm
- Maximum Term 36 months
What is our lending criteria?
Equity
Developer equity contribution of a minimum of 10% of the total property development cost
Experience
Developers with a proven track record of successful projects
Property
From a single property to development projects of 20+ units
Permissions & Planning
Planning permission in place. Planning or valuation gain may be considered as equity
