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PRODUCTS

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PRODUCTS

MEZZANINE FUNDING

  • Up to 90% LTV (on current site value) and rolled up interest
  • Up to 90% LTC (Loan to Cost) and rolled up interest
  • 100% of development costs
  • Non-compounding rates
  • Loan size – £300,000 – £7,000,000
  • Loan term – 6-24 months
  • Blended interest rate from 9%
  • 75% of the completed site’s Gross Development Value (GDV)

ACQUISITION BRIDGE

At Iron Bridge, we also look to support developers ‘on the way in’. We can do this by providing short-term funding quickly – enabling developers to move swiftly to acquire the site.

  • Rates from 0.80% per month
  • Term – 6 to 12 months
  • Up to 80% LTP (Loan to Purchase Price)
  • Bridge can be converted to mezzanine position – ‘Bridge to Mezz’

“As experienced entrepreneurs we have the same mindset as our customers – determination, creativity and problem solving.”

KEY BENEFITS

  • Self-funded
  • Non-compounding interest
  • Deeds of Priority in place with several senior lenders
  • Ability for debt to be repaid in full after 6 months
  • Full rate transparency
  • Speed and flexibility
  • Coverage throughout England & Wales

“As experienced entrepreneurs we have the same mindset as our customers – determination, creativity and problem solving.”