Versatile financing solutions
for the middle market
Bridging is used when purchase timeframes are tight or the deal has a short term upside that will enable a far more enhanced senior debt funding package to be structured with a short timeframe, meaning the bridge lender is more likely to understand the risk at the outset.
Funding provided by bridge lenders has evolved over recent years into a far more mainstream funding option with the cost of funding reducing significantly to the point it is no longer the last resort option. Thanks to our heritage and market leading experience, Bircroft has established a good track record alongside this evolving market and has access to very competitive bridging rates and providers.
CRITERIA CONSIDERATIONS
- Ideal for client’s where time restricted transactions require fast funding solutions
- Useful for client’s when property deals can quickly be refinanced
- Appropriate when client’s can provide a reliable exit strategy
FUNDING STRUCTURE
£1-25m
Total Commitment
Investment &
Development
Type
12-18 months
Term
6-9%
Pricing
Finchley Road, London
Maximise return, minimising equity
Bircroft were asked to find a funding solution to enable the client to purchase a number of small connected sites all with different vendors. With all the sites purchased, the planning consent for a 16 units new build residential development could be delivered.