If your business needs working capital finance, trade finance, asset finance or invoice discounting we can help. We have access to a range of funders who specialise in finding innovative ways of providing finance for businesses.
There is currently a liquidity gap in the Irish lending market between the level of funding which banks are willing to offer and the level normally sought by borrowers and as a result there has been a steady increase in the number of non-bank lenders who specialise in funding that gap.
We have decades of experience across all stages of the lending process – financial analysis, deal structuring, frontline lending and credit underwriting.
We have relationships with bank and non-bank lenders in Ireland and the UK who are seeking additional financing opportunities in commercial and residential property, both development lending and investment lending, bridging finance and refinance of existing facilities. We have particular experience in sourcing funding for discounted payoff scenarios (DPO’s).
You could approach a non-bank lender directly seeking finance but the odds that your proposal will fit their business model are quite low. Most non-bank lenders are fishing in different pools. Some will finance commercial property, others residential. Many will advance bridging finance, but some restrict their offering to closed bridging or for deals where security cover is very strong. Some will finance property development but they may specialise in either commercial development or residential development. Some are short term players and some will advance term debt. Some focus on amortisation of debt during the term and others offer more flexibility and may even offer interest roll-up in some circumstances.
To add to the above many have particular requirements regarding borrower type, industry sector, loan amount, gearing level, recourse, pricing and geographic area.
A key part of successful funding is knowing how to structure the deal and which proposal to put on front of which funder. While many finance houses will claim that they start with a blank page and can look at any deal the fact is that they all either have a credit policy which restricts what they can offer or alternatively they have a preferred sector outside of which they don’t operate to any great extent.
We have existing relationships with most bank and non-bank lenders and can apply our experience and expertise to find a solution to your financing requirement, freeing you up to run your business.
As every case is different costs vary. The initial meeting is at our cost. If we secure finance for you we are paid a portion of the arrangement fee at Term Sheet stage.
To start making plans to secure your financial future, please get in touch by phone or email, or using this contact form.