Flexible Bridging Loans for Real Estate Investments
Unlock Your Real Estate Potential with Onate
We are a lender with one product: fast property loans. This specialisation allows us to relentlessly obsess over delivering borrowers ‘a fast yes or no and following through at pace’.
With this, we provide much needed transaction certainty to real estate investors.
As real estate lending specialists, we have the industry knowledge that banks lack, offering loans with the flexibility needed to adapt to various investment scenarios. All of our lending decisions are made locally and in-house, and we have deep pools of capital immediately ready to deploy both from our own balance sheet and from institutional funding lines from Citi amongst others. Our team will proactively drive your transaction forwards, liaising with all parties relevant to the transaction to ensure momentum.
Loan amount
€250k – €5m
Unlimited Early Repayments*
After 3 months
Loan-to-Value
75%
Term Up To
24 months
Capital Efficient
Interest only
Dedicated Account Manager for
Personalised Support
Apply For a Loan Now
Ready to unlock your real estate potential? Apply now for our flexible bridging loans and get quick access to the capital you need for your next investment.
Speak to a Lending Director
Have questions or need personalised advice? Speak directly with one of our experienced lending directors today to find the best financing solution for your real estate investment.
Real Estate Financing Solutions
The real estate market moves fast, with opportunities appearing and disappearing in the blink of an eye. You need financing that matches your pace, adapts to your needs, and is backed by expertise that understands your goals.
At Onate, we understand the unique challenges of real estate investment and provide solutions that empower you to succeed. Our bridging loans support your ambitions, offering speed, flexibility, and expert guidance every step of the way.
01.
Quick Access to Capital
Real estate investment opportunities often require swift action, but traditional financing methods can be frustratingly slow, leading to missed deals and lost profits. Our bridging loans provide a rapid funding solution, ensuring you can secure the capital you need quickly. With our expedited process, you’ll stay competitive and ready to seize opportunities as they arise.
02.
Bespoke Financing Solutions
Every real estate investment opportunity is unique, and so are its financing needs. Traditional loans come with rigid terms that might not fit your investment strategy. Our bridging loans are tailored to the specific needs of your opportunity.
03.
Expert Guidance
Traditional lenders often don’t understand the real estate investment business. Our team brings extensive real estate expertise to the table, offering valuable insights and a dedicated Account Manager for support. With our bridging loans, you’re not just getting a lender but a partner who helps you make informed decisions, minimising risks and maximising returns.
04.
Closing Financial Gaps
The time between needing funds and securing financing for an investment property can endanger your projects. Our bridging loans effectively bridge this gap, providing the interim financing you need to keep your projects on track. This ensures a continuous flow of capital, so you can proceed with acquisitions and developments without delay.
05.
Immediate Liquidity
Real estate investors often encounter opportunities that require quick access to cash. Without immediate liquidity, these lucrative deals can slip through your fingers. Our bridging loans offer immediate liquidity, giving you fast access to the funds you need. This ensures you never miss out on a profitable investment again.
06.
Certainty in Funding
Traditional lenders are not specialised in the needs of short term property finance, with cumbersome processes that create uncertainty waste valuable time. At Onate, we offer fast and efficient loan processing with a clear commitment: we’ll give you a fast yes or no and follow through at pace. This includes driving your transaction forwards with external stakeholders and problem solving with you as a partner along the way. No surprises, just reliable support throughout.
Our Bridge Loans
Our bridging loans are designed to adapt to the unique needs of each investor and opportunity. We offer flexible financing terms to match the specific requirements of your real estate investments. Below, you will find detailed information about our loan amounts, terms, and eligibility criteria, ensuring you have the necessary details to determine if our solutions are the right fit for your investment goals.
€250k to €4m
Interest only.
75% Loan-to-Value
and up to 100% of the property renovation funding needs.
Up to 24 months
can be repaid early without penalty
after 90 days.
Loan to Corporate Vehicles
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.
Loan Application and Project Analysis
Our application process is fast and uncomplicated, providing an offer within 48 hours. Our decision-making is entirely in-house, ensuring speed and certainty.
Investment Property to Finance
We provide financing for residential, mixed-use, and commercial properties across Ireland and Spain. We don’t provide ground up development finance, but we do lend against land development sites as a bridge to sale or refinance.
Apply for a Bridge Loan
Ready to unlock your real estate potential? Apply now for our flexible bridging loans and get quick access to the capital you need for your next investment.
Why Choose Onate for Bridging Loans?
Choosing the right lender for your bridging loan is crucial. Our team is dedicated to help you achieve your Real Estate Investment goals.
In-house Decision Making
Our decision-making is entirely in-house, meaning we move quickly and provide certainty. We’ve completed deals in just five days and regularly close transactions in under two weeks.
Strong Capitalisation
Our capital is available when you need it. We have funds ready to go on our balance sheet, and three additional institutional funding lines, including from Citi and Triple Point, plus a €100m bond programme listed on the MTF operated by the Vienna Stock Exchange.
Tailored Solutions and Support
We understand the unique challenges and opportunities in real estate investment. Our bespoke financial packages are designed to meet your specific needs, supported by our deep industry knowledge and extensive contacts. Onate provides valuable guidance throughout your project, helping you navigate obstacles and maximise your investment’s potential.
Industry Expertise and Leadership
Onate is proud to be the most active bridge loan provider in Ireland and now active in Spain, lending over €250m across over 350 loans in the last five years. Our extensive experience, network and substantial market presence ensure that we offer unmatched service and competitive terms, helping you achieve your investment goals efficiently.
How it Works
Our Financing Process Step by Step
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Complete our application form or contact our lending team at +353 (1) 697 2588 if you have any questions. If the investment project meets our lending criteria, we’ll provide an immediate indication of our terms by email.
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Within one working day of receiving your request to proceed, we’ll produce an agreement in principle confirming in further detail the terms and conditions on which we’re willing to lend. After this, we’ll require you to put us in funds to cover expenses, including valuation and legal fees.
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Immediately on receipt of funds, we’ll instruct the property valuation and our solicitors. We will also request any outstanding information on the borrowing entity and the persons that ultimately own it.
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Our solicitor can turn around a loan in just a few days, provided he has all the information he requires on the property. It is important your solicitor provides this information quickly and is generally familiar with short-term property finance. We can then send the funds to our solicitor for completion.
Bridging loan examples
Our bridging loans can be tailored to meet a variety of needs. Below are some common use cases where bridging loans provide effective solutions for real estate investors, addressing both challenges and opportunities.
Debt settlement
Funding of a settlement with a private equity fund, with the agreed strike price due within four 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.
FAQs
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A bridging loan is a short-term financing option used to bridge the gap between two events, such as the purchase of a property and its subsequent refurbishment and sale or refinance. It provides immediate access to funds needed to complete a transaction, making it an ideal solution for real estate investors facing time-sensitive opportunities.
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Bridging loans work by providing you with quick access to short term capital, which is secured against your property. You can use this loan to purchase a new property or finance renovation projects. Once longer-term financing is secured or the existing property is sold, the bridging loan is repaid.
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Bridging loans are available to real estate investors, developers, and companies. At Onate, we provide bridging loans to corporate vehicles such as limited companies, including newly incorporated ones.
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Bridging loans are typically used for:
Purchasing a new property before selling an existing one
Financing renovation or refurbishment projects, before subsequent sale or refinance
Equity release against an unencumbered property, to provide capital for other needs such as business expansion
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At Onate, we offer bridging loans with a maximum loan-to-value (LTV) ratio of up to 75% for prime locations. We can also provide up to 100% of the property renovation funding needs, depending on the liquidity of the area.
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With Onate, you can get access to a bridging loan quickly. Our in-house decision-making process ensures a fast turnaround, often providing an offer within 24 hours and funds can be provided in as little as 5 days.
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Our bridging loans are structured flexibly with interest-only payments and no additional fees. The term can be up to 18 months, with the option to repay early without penalty after 90 days.
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No, at Onate, we do not impose penalties for early repayment of bridging loans after the initial 90 days. This offers you the flexibility to repay the loan as soon as your long-term financing is in place or your property is sold.
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While we do not provide ground up development finance, we do lend against residential development sites as a bridge to sale or refinance provided works are not undertaken during the term of our loan.
Bridge Loan Calculator
Ready to see how a bridging loan can help you achieve your real estate investment goals? Use our loan calculator to estimate your funding needs and get started on your next project with Onate.