Our debt products at a glance.

Three ways to fund a project, side by side. Each one is explained in full below.

Senior LoanMezzanineBridge to Development
Loan size£10m – £150m£3m – £15m£5m – £100m
GearingSeniorUp to 70% of cost and 65% of GDVStretched seniorUp to 85% of cost and 70% of GDVUp to 85% of cost and 70% of GDVSeniorUp to 70% of cost and 65% of purchase price / land valueStretched seniorUp to 85% of cost and 70% of GDV
Best used forFor 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.

Senior Loan

Loan size
£10m – £150m
Gearing
SeniorUp to 70% of cost and 65% of GDVStretched 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.

Mezzanine

Loan size
£3m – £15m
Gearing
Up to 85% of cost and 70% of GDV
Best used for
Additional capital alongside your senior lender, to optimise leverage and enhance equity returns.

Bridge to Development

Loan size
£5m – £100m
Gearing
SeniorUp to 70% of cost and 65% of purchase price / land valueStretched seniorUp to 85% of cost and 70% of GDV
Best used for
Capital to progress a site through planning and pre-development work before a full development facility is in place.

See the sectors we fund →

814-unit, 33-storey PBSA development in central Birmingham

Senior Loan

For development, acquisition and value-add projects that need maximum leverage in an efficient capital structure.

Lending criteria

Loan size£10m – £150m
Senior gearingUp to 70% of cost and 65% of GDV
Stretched senior gearingUp to 85% of cost and 70% of GDV
Project size£15m to over £200m GDV
Asset classesAll asset classes considered
LocationsAll locations in England, Scotland and Wales considered
See our transactions →
1,725-home regeneration scheme in Cheshunt, Hertfordshire

Mezzanine

Additional capital alongside your senior lender, to optimise leverage and enhance equity returns.

Lending criteria

Loan size£3m – £15m
GearingUp to 85% of cost and 70% of GDV
Project size£15m to over £200m GDV
Asset classesAll asset classes considered
LocationsAll locations in England, Scotland and Wales considered
See our transactions →

Bridge to Development

Capital to progress a site through planning and pre-development work before a full development facility is in place.

Lending criteria

Loan size£5m – £100m
Senior gearingUp to 70% of cost and 65% of purchase price / land value
Stretched senior gearingUp to 85% of cost and 70% of GDV
SecurityFirst or second charge
Asset classesAll asset classes considered
LocationsAll locations in England, Scotland and Wales considered
See our transactions →

Discuss your next project.

Tell us about your scheme and one of the team will come back to you with how we could structure the funding.