When opportunity knocks, we answer fast
Property bridging loans at the speed of life. Our modern tech and nimble attitude mean we act in time for the deal to happen. Less waiting, more opportunities.
Loans when time matters
Our decision making happens entirely in-house, meaning we move quickly and provide certainty; we’ve completed deals in just five days, and regularly close transactions in two to three weeks. We’re also very well capitalised, with three senior funding lines including from Natwest and Triple Point, plus a €100m Bond programme listed on the MTF operated by the Vienna Stock Exchange. Our experienced lending team can structure bridging loans on a bespoke basis, within the following parameters:
Lending type and location
We lend against residential, mixed use and commercial properties across Ireland and Spain.
We also lend against residential development sites as a bridge to sale or refinance. We don’t offer development finance, but light refurbishment with prior planning consents granted is acceptable.
Loan amount, LTV and term
Loans from €250k to €4m (larger loans considered), interest only and secured by a first charge mortgage.
Our loans are structured flexibly, with a term of up to 18 months, but can be repaid early without penalty after 90 days.
We lend up to 75% loan-to-value for prime locations, reducing based on the liquidity of the area.
Borrower and exit
The borrower must be a corporate vehicle, such as a limited company. We will consider loans with properties sitting outside the SPV, and can lend to newly incorporated companies.
Our loans are fast and flexible, allowing the borrower to seize the opportunity. Exit is typically selling the property or refinancing.
Why us?
We’re a team of deeply experienced property lenders and entrepreneurs based in Ireland and Spain.
We’ve walked in your shoes, and know first hand that windows of opportunity close faster than they open. Momentum matters.
We have the can-do culture and years of lending experience to make the deal happen.
Bridging loan examples
Debt settlement
Funding of a debt settlement containing residential and commercial properties, with the agreed strike price due within eight weeks.
Equity release
Funds required for a non-property business venture. The borrower used an investment property with no existing mortgage as security.
Residential auction purchase
The borrower had paid a deposit at auction, without completion funds in place. Loan provided for this purpose.
Pre'63 residential
A Pre'63 property with specific issues to remedy post purchase. Loan exit by refinancing after works complete.
Social housing
Purchase of multiple units which required refurbishment prior to planned execution of a local authority social housing contract.
Complex credit history
The bank's slow processes in relation to the borrower's credit history put the deal at risk. Deal funded within a tight timeframe.
Opportunities don't wait.
Our modern tech and nimble attitude mean we can be the difference between the deal happening or not.
Can-do people looking to seize the day - we're for you.
Recent Completions
€3.4m Loan Refinance
An eight day closing was acheived for this new borrower relationship. The loan was to refinance existing debt, secured against three properties in Dublin at 70% LTV. The properties comprised two Pre ‘63 assets and one high value residential investment property in a prime Dublin suburb.
€1.0m Equity Release
An equity release to fund refurbishment works against the secured properties, which included one residential investment property and one mixed use property, both located in Dublin
63% LTV against total security of €1.6m, with full interest roll up.
€815k Property Purchase
Twelve month facility to fund the auction purchase of a residential property in Dublin, and provide an equity release against two other residential investment properties.
65% LTV against total security of €1.25m, with 6 months interest roll up.
€1.3m Property Purchase
Twelve month facility to fund the purchase of four apartments in Galway and provide an equity release on another apartment purchased previously.
65% LTV against total security of €2.0m, with partial interest roll up.