If you know Bridgingloans.co.uk, you’ll know we’re all about innovative, intelligent financial solutions. Which is why we’re proud to offer a comprehensive range of mezzanine finance products and packages, tailored to the unique needs of our clients and customers. We specialise in 100% bespoke financial services, designed to help you access the funds you need for the lowest possible price.
From large-scale development to minor renovations of current properties, our mezzanine finance packages cover all bases.
What Is Mezzanine Finance?
In essence, mezzanine finance represents a second-charge financial service, used to supplement the primary financial source of the project. For example, a developer may invest its own money to fund 15% of the project, 75% coming from the primary financer and the remaining 10% in the form of mezzanine finance.
Typically, mezzanine finance provides the property developer with a secondary source of funds, which is released on a gradual basis throughout the project as required. In terms of repayment and charges, exact fees and setup costs are determined in accordance with the specifics of the application, the size of the loan, its purpose and so on. However, in many instances it is normal for the lender to request either a commission on the size of the loan, or an agreed percentage of the profits upon completion of the project.
Fees, Charges and Commissions
Due to the nature of mezzanine lending, there is a certain amount of risk accepted by the lender. As the project has not yet been completed, there are no guarantees of successful completion. In turn, the greater the sum of money required for the project, the higher the risk and the associated fees accordingly.
As we operate a dynamic pricing structure, we’re able to provide each of our customers with a fully tailored mezzanine loan in direct accordance with their needs. Our fee structures and commissions are flexible and transparent, adding up to the very best deal on the market for loans of all sizes. Alongside mezzanine loans, we also offer a comprehensive range of bridging loans and other short-term lending options.
Whatever it takes to help you get the job done on time and on budget, bridgingloans.co.uk is here to help.
Mezzanine Finance for Developers
Mezzanine finance has become extremely popular among the property development sector, due to both its accessibility and very high value. Covering up to 90% of the project’s total costs, it’s a great way of moving forward with ambitious projects where on-hand funds are limited. Likewise, where SME developers face the prospect of having little to no initial capital with which to kick-start projects, mezzanine finance can help.
Once again, Bridgingloans.co.uk is proud to offer a comprehensive range of 100% bespoke financial solutions for all types of businesses. Whatever you need and however challenging your current position, we can help you take that next important step.
For more information on any of our products, give the Bridgingloans.co.uk customer service team a call today.