Second Charge
Medium term low interest 2nd charge business and homeowner loans.
We developed the medium term 2nd charge secured option as an alternative to our bridging loans. It's simply for those that need less than the minimum of a bridge. It's also designed for a longer repayment terms which means less pressure.
The LTV is lower too. With our short term options, you needs at least 45% equity in the land or property being used as security. With the medium term second charge, LTV can be as low as 95%.
Lower values can be borrowed too. Typically we will lend between ten and one hundred thousand as opposed to the twnet six to five hundred pounds on our commercial funding.
It's all designed to help people find more adequate funding packages.
Funding for all
As a principal lender we offer our own unique form of lending, but we can also crowd source finance and work with other lenders too.
For more detailed information, pick up the phone and get in touch. Call us local rate on 0845 475 1021 or click the apply button above. We can give you a detailed verbal over view for you to find out if this form of 2nd charge loan is the right option for you.
If you feel it's not, we do have other products in place that may be more up your street.
All of which are listed just to the right hand side of this small portion of text. We simply aim to cater to everybody's needs.
Cheap interest
The best rates on all borrowing formats
Business bridging loans.
Based solely on equity, even those with a less than perfect credit history can bridge that gap with us.
Auction finance.
Don't miss out on a property bargain eith an almost instant decision on funding.
Unsecured funding.
Use a Director of your company as a guarantor to get high value financing sorted quick time.
Leasehold lending.
Offering expansion packages for London hospitality themed businesses looking at financing secured against their lease.
Cheap rates, first class service, I highly recommend.
Mr. P O'Donnell, London.
That was truly a quick bridging loan paid into my bank.
Ms. D Armitage, Portsmouth.
It's my first short term bridge made easy.
Mr Singh, Liverpool.
The revolving credit is an amazing form of funding.
Mrs. L Edgware, Manchester.