Loan Types

Secured Loans:

  • First Charge Freehold
  • Loan to Value ratio – Maximum 75% against OMV (Open Market Value)
  • Interest – Average 5% over base
  • Term – Up to 10 years Annuity basis
  • Key considerations

We focus on the skills of the operator and recent credit history rather than historic accounts

Experience

  • Do you have the right level of experience to run the business?
  • How will you run it?

Performance

  • How well is the business doing?
  • Is it in a good location?
  • Is there enough profit in the business to be able to repay a loan easily and allow you to take enough out of the business for yourself?

Contribution

  • What are you able to invest in the business (savings, other properties, etc.)?

Personal history

Do you have a clear credit history?

Unsecured Loans:

  • Unsecured
  • Available for refurbishment, working capital, equipment, investment purposes
  • Interest – Average 8%
  • Term – Up to 5 years either repayable or linked to barrelage
  • Key considerations

We focus on the skills of the operator and recent credit history rather than historic accounts

Experience

Performance

Contribution

  • What are you able to invest in the project

Personal history

  • Do you have a clear credit history?