Interested if anybody has any experience with this. We are a small property company and are finding that the banks are looking at very low (well to us) LTV. eg 50%. Would like to achieve 60% plus LTV. It is for all property types but not residential. Solid covenants etc.
All thoughts welcome..
Got a credit card? use our Credit Card & Finance Calculators
Thanks to eyeball08,Wondergirly,bofh,johnstevens77,Bhoddhisatva, for Donating to support the site
Peer to Peer Loans for Commercial Property.
-
- Lemon Slice
- Posts: 494
- Joined: November 4th, 2016, 2:24 pm
- Has thanked: 2 times
- Been thanked: 98 times
Re: Peer to Peer Loans for Commercial Property.
Funding secure lend up to 70%, at c13% for 6 month secured loans. Interest can then be paid to extend the loan.
-
- Lemon Slice
- Posts: 578
- Joined: November 11th, 2016, 12:53 pm
- Has thanked: 130 times
- Been thanked: 216 times
Re: Peer to Peer Loans for Commercial Property.
toofast2live thanks for the reply.....13%.....ouch! I was hoping for something a little more mainstream on the interest rate.
-
- Lemon Slice
- Posts: 494
- Joined: November 4th, 2016, 2:24 pm
- Has thanked: 2 times
- Been thanked: 98 times
Re: Peer to Peer Loans for Commercial Property.
Might want to check out http://p2pindependentforum.com, which has been mention before on this site.
Along with Funding secure, may also want to look at AssetzCapital & Lendy.
Along with Funding secure, may also want to look at AssetzCapital & Lendy.
-
- Lemon Slice
- Posts: 578
- Joined: November 11th, 2016, 12:53 pm
- Has thanked: 130 times
- Been thanked: 216 times
Re: Peer to Peer Loans for Commercial Property.
Thanks for the link to the forum. Lots of research to be done!
Who is online
Users browsing this forum: No registered users and 25 guests