Versatile financing solutions
for the middle market
With pricing now reflecting risk in the funding market, there are a select number of lenders willing to provide higher leverage on a whole-loan basis. Typical leverage is 70-85% LTV with pricing dependant on the property fundamentals. Leverage above 85% is attainable but likely to be considered as preferred equity and demanding higher pricing or profit share agreements.
For complete peace of mind, Bircroft can assist clients in cash-flowing the project to ensure the pricing maximises Return on Equity as well as run sensitivity analysis to safeguard the re-financing risk at loan maturity.
- UK & Pan-European locations only
- Income producing asset(s) alongside experienced asset managers
- A requirement for higher leverage
- An asset management angle is preferred
Scotland – Value £12m
Re-financing existing debt
Our client (an experienced asset manager) was faced with a difficult situation with their existing funder where falling values (post credit-crunch) alongside the miss-selling of hedging products, had led to a fractured relationship between borrower and lender. The leverage requirement was high for a market with negative sentiment at the time of funding.