Page 33 - The Index
P. 33

Specialism/USP Up to 50% profit share with introducers. Fast, flexible short term finance against multiple asset classes including
Property bridging & Development Finance loans. Very quick turnaround on Luxury Asset loans against jewellery, watches, precious stones and vehicles.
Charges 1st, 2nd on property and assignment of Chattels on other asset classes
FCA Regulated Interim
Interest Range From 1% pcm
Base Rate/LIBOR (floor rate N/A if applicable)
Security Types Residential, commercial, development, jewellery, watches, precious stones, vehicles
Unacceptable Security Types Owner-occupied property
Treatment of Interest – rolled, Retained, serviced on some loan extensions retained, serviced
Max LTV 75%
Max Loan to GDV 70% (100% of development costs available)
Max Loan to Cost 70%
Min/Max Loan Term 1-12 months
Min/Max Loan Size £5k-£1m+
Geographical Lending Area England, Wales and Scotland
New Builds Yes
Refurbishment Yes
Conversions Yes
Grade Listed Buildings Yes
Mixed Schemes Yes
Planning Permission Needed Yes
Commission Rate From 1%, up to 50% profit share
Associations NACFB, NPA, FSB
Early Redemption Charges 30 days
Investment Yes
Owner-occupied No
Interest-only Options N/A
The Index | 33

   31   32   33   34   35