Commercial Property Purchase and Refinance

Proplend specialises in meeting the commercial mortgage and bridging requirements of the greatly under banked sub-£5m UK lending market. 

Our FCA-approved lending platform offers an alternative funding source for creditworthy commercial borrowers, who we connect directly to Individual and Institutional Investors. Benefits of Proplend P2P borrowing include:

  • Access to sub-£5m commercial funding for refinance, purchase and capital raising
  • Flexible, common sense driven underwriting decisions and an initial indication witin hours
  • Interest only loans up to 75% of the securing property value (75% LTV) from 6.5% pa
  • Individual and Institutional Investors ('Lenders') waiting to invest in secured UK loans
  • Submit an online loan enquiry and we'll call you back to discuss as soon as possible

Our peer to peer lending platform is for; Limited Company (Ltd) and Limited Liability Partnerships (LLP) 'Borrowers', who can offer income producing commercial investment property in England and Wales as loan security.

Commercial borrowers have borrowed over £30m through Proplend's P2P platform, secured by over £60m of commercial property across England and Wales. Compare a selection of loans and circumstances we've facilitated.

In 2017 Proplend has been warmly received as a patron of the National Association of Commercial Finance Brokers, bringing "further diversity in the property lending space". Norman Chambers, Managing Director of the NACFB, has encouraged member brokers to "explore Proplend’s services to see how they may help their commercial property clients find bridging and mortgage finance solutions.”

Here's what one of our borrowers thinks about Proplend's alternative UK commercial property funding solutions:

Proplend helped me with medium term finance for the purchase of commercial freehold premises. I’d tried banks before and knew they wouldn’t assist – I found Proplend online through a search engine. Stewart, my regular contact at Proplend, was very attentive to my individual requirements. I’d definitely recommend the platform to other commercial borrowers."    Marc, Proplend Borrower, Southampton

Become a Proplend Borrower

Lending is available where commercial property is offered as security:

  • Office
  • Industrial
  • Retail
  • Leisure
  • Residential Blocks

Borrowing must be secured with a first legal charge over income producing UK commercial property.
We don’t facilitate loans for property development deals or private personal residences.

Borrower Types:

Limited Company (Ltd) and

Limited Liability Partnership (LLP)

UK-based borrowers only (overseas borrowers are considered on a case by case basis).

Purpose:

Refinance an existing commercial mortgage, help fund the purchase of a new commercial property in England or Wales, or raise capital. Make an enquiry to see if we could be the alternative source of funding your looking for.

  • Loan Amount:

    Up to £5m

  • LTV:

    Up to 75%

  • Loan Terms:

    Up to 5 years

  • Lending Rates:

    Interest only from 6%

Traditional Lenders vs. Proplend P2P Lending

Traditional Model

1.
Face to face interview at bank

2.
Numerous levels of approval

3.
‘Tick Box’ criteria – if your loan doesn’t ‘fit’
it does not get approved

4.
Time consuming, lengthy transactions

ARCHAIC | LENGTHY | RESTRICTIVE

Proplend Model

1.
Online borrowing enquiry

2.
Quick and responsive review process, immediate access to decision makers

3.
Bespoke, common sense lending –
every deal reviewed on its own merits

4.
4-6 weeks from enquiry to drawdown

ONLINE | SIMPLE | TRANSPARENT

Take a look at our Borrowers Guide to find out more or

contact our property team today on 0203 637 8418