UK Commercial Lending
- Acquisition
- Development & Development Exit
- Refinance
A commitment to deliver on the terms and within the timescale agreed
Commercial real estate is a popular investment for our corporate clients, potentially being both a sound capital investment and source of income. Prospect Capital is adept at providing funding within the UK commercial property market.
- Minimum Loan Size: £5m
- Maximum Loan Size: £50m
- Maximum Loan to Value: 65%
- Rates from: 8% per annum
- Maximum Term: 24 months
Funding is provided for the acquisition, refinance or development of properties within the following asset classes.
- Holiday Parks
- Hotel Sector, to include Serviced Apartments – regional assets considered
- Social Housing
- Healthcare – Care Homes and Medical
- Offices and Serviced Offices
- Retail – Shopping Centres
- Student Accommodation
- Industrial – Factories, Warehouses, and Data Centres
- Strategic Land Opportunities – Land with planning permission for commercial development
‘Prospect Capital has built an excellent reputation in the commercial lending market, with a particular focus on large single unit and portfolio acquisitions of £10m+.’
- Mathew Lawrence, Prospect Capital
Prospect Capital successfully provided a £14m facility for a site valued at £46m. This involved a complex offshore ownership structure with the asset based in the UK. Since then, Prospect Capital has engaged with the client to provide development funding for the site, which has a GDV of £155m.
Prospect Capital enabled a £40m facility on a mixed use site valued at £140m on the outskirts of Manchester.
Prospect Capital provided a £7.5m facility to an overseas family office, for the refinance of their London offices. The property located in Mayfair is held on a long leasehold and required a full refurbishment. The ownership structure involved an offshore Trust.
To find out how Prospect Capital can work with you, please get in contact.
Contact us