Senior, mezzanine and bridging facilities for experienced developers and specialist operators across England, Scotland and Wales.
Three ways to fund a project, side by side. Each one is explained in full below.
| Senior Loan | Mezzanine | Bridge to Development | |
|---|---|---|---|
| Loan size | £10m – £150m | £3m – £15m | £5m – £100m |
| Gearing | SeniorUp to 70% of cost and 65% of GDVStretched seniorUp to 85% of cost and 70% of GDV | Up to 85% of cost and 70% of GDV | SeniorUp to 70% of cost and 65% of purchase price / land valueStretched seniorUp to 85% of cost and 70% of GDV |
| Best used for | For development, acquisition and value-add projects that need maximum leverage in an efficient capital structure. | Additional capital alongside your senior lender, to optimise leverage and enhance equity returns. | Capital to progress a site through planning and pre-development work before a full development facility is in place. |
For development, acquisition and value-add projects that need maximum leverage in an efficient capital structure.
Additional capital alongside your senior lender, to optimise leverage and enhance equity returns.
Capital to progress a site through planning and pre-development work before a full development facility is in place.
Tell us about your scheme and one of the team will come back to you with how we could structure the funding.