Commercial Investment in Kent
Commercial Investment in Kent Brokerplan Partner: Özgen Halil of Acumen Finance Chosen Lender: Together Loan amount: £79,000 Loan type: Commercial Investment The client required funds quickly to remortgage a bridging loan on a tenanted commercial property in Kent. As this was a remortgage, no solicitor was required to be instructed. The case was protracted by the tenant not being available for the valuation with the surveyor not being able to access the property, so an additional charge was incurred. It was then made more difficult by a pending lease registered with the Land Registry that the client was unaware of, which had to be expedited. The bridging funder was keen to start repossession proceedings and due to the unforeseen delays Ozgen kept them in the loop by negotiating a short-term extension between the funder and the Borrower to allow enough time to complete. Want to Start Funding Deals Like These? The Brokerplan Academy is a compelling opportunity for professionals looking to generate significant income from the Financial Services Industry. Established in 2004, our experienced team bring decades of collective experience from across the sector, we provide all the tools you need to succeed. With our support and wide range of broker packages, there is an option for everyone from complete beginners to experts. Speak to our business development team to find out more! Book a Call View Upcoming Events
Partner Earns £100k on a Single Deal!
Partner Earns £100k on a Single Deal! Deal Type: Development Finance Loan Amount: £10 Million Partner Commission: £100,000 Despite quoting on a development that didn’t progress, a locum Finance Director (FD) had been so impressed with terms secured by White Rose that the same FD asked us to quote for their latest client. The relationship with this FD was managed by one of our Appointed Representative (AR) partners from his home in Spain, whilst the FD’s newest client was a family firm who had expanded from retail businesses into operating an extensive property portfolio. This expansion of the family firm had been going on for many years, to the extent that the client now held almost £100m in commercial investments with the dividends paid out to a large number of family members. David Fine Relationship Manager The family was in the pleasant position of having very little debt on current properties and so wanted to build, rather than buy, more commercial properties to generate more income for the family. A loan of £5m for development became £10m and like a lot of corporate clients do, rather than borrowing short-term debt on the development, it was decided borrowing long-term on the currently portfolio was cheaper and less stressful – so £20m of property was found to be used as security for a sub 50% LTV loan. Good clients, blue-chip tenants and good industrial properties in Chichester, Reading and Christchurch made this a Tier 1 deal at the corporate level of a prime bank. This level of lend is just at the cusp where standard “boiler plate” loan agreements become more bespoke and the client was adamant on what they wanted from rental and tenant covenants. As a corporate deal the bank engaged in the majority of these discussions on swaps and caps albeit the negotiation went on for longer than expected. Ultimately however a term sheet delivered on what the client wanted and the loan completed in two tranches. The combination of support from David Fine at head office worked well whilst the AR was based overseas, and the bank paid out £65,000 on the entire £10m facility day 1. In addition the AR had negotiated a broker agreement that took the total fee income up to 1% of the facility – so a gross fee income of £100,000 was generated. Want to Start Funding Deals Like These? The Brokerplan Academy is a compelling opportunity for professionals looking to generate significant income from the Financial Services Industry. Established in 2004, our experienced team bring decades of collective experience from across the sector, we provide all the tools you need to succeed. With our support and wide range of broker packages, there is an option for everyone from complete beginners to experts. Speak to our business development team to find out more! Book a Call View Upcoming Events
Recent Commercial Mortgage
Recent Commercial Mortgage Loan Type: Commercial Mortgage Loan Amount: £660,000 Lender: Unity Trust Bank One of our network partners Colin Howells of HCP Finance has recently secured a commercial mortgage for one of their clients! The clients in this deal were looking to pay off mortgages currently in place – There was some benefit to keeping them in place due to their lower interest rates, however, the client decided it was still a good move to raise additional funds because the new deal would be on a repayment basis. (The existing mortgages were on an interest only basis). The deal was placed with Unity Trust Bank, allowing the clients to settle the outstanding loans. Unity was selected as they satisfied the client’s 3 main concerns: Simplicity – One repayment at one time per month so easy to monitor and control. Good service from personal relationships – a bank where face-to-face relationships exist (which does not employ impersonal call center-oriented teams) and where a consistent level of service is available. Term – As long a period of finance as possible, to help with affordability. Want to Start Funding Deals Like These? The Brokerplan Academy is a compelling opportunity for professionals looking to generate significant income from the Financial Services Industry. Established in 2004, our experienced team bring decades of collective experience from across the sector, we provide all the tools you need to succeed. With our support and wide range of broker packages, there is an option for everyone from complete beginners to experts. Speak to our business development team to find out more! Book a Call View Upcoming Events
Recent Network Complete Deals
Recent Network Complete Deals Dental Equipment Purchase Loan Type: Asset Finance Loan Amount: £62,877 Lender: Societe Generale One of our network partners Aspired Finance have recently put a Hire Purchase agreement in place for one of their clients! The client required funding as they were looking to purchase new equipment for their dental practice. The important factors to the client were obtaining the most competitive rate, and speed to drawdown. Cashflow for New Contract Loan Type: Business Loan Loan Amount: £20,000 Lender: Iwoca One of our network partners Activate Business Finance have recently put a Business Loan in place for one of their clients! The client in this deal was a limited company who was looking to sure up cashflow as a new contract was commencing. Despite the business being in its infancy, Iwoca were willing to lend – With the clients required to sign a Director’s Guarantee. This facility also allows for over-payments and early settlement without penalty. Want to Start Funding Deals Like These? The Brokerplan Academy is a compelling opportunity for professionals looking to generate significant income from the Financial Services Industry. Established in 2004, our experienced team bring decades of collective experience from across the sector, we provide all the tools you need to succeed. With our support and wide range of broker packages, there is an option for everyone from complete beginners to experts. Speak to our business development team to find out more! Book a Call View Upcoming Events
Loan to Purchase Stock
Loan to Purchase Stock Loan Type: Business Loan Loan Amount: £51,597 Lender: Funding Circle One of our network partners Finspire Finance have recently put a Business Loan in place for one of their clients! The client was a growing import/export company focusing on all manner of products from packaging to soft drinks. The loan was needed to purchase stock, in this case, the client was taking advantage of lower stock pricing offered when paying upfront. This lender was chosen as they allowed the client to settle the loan early without any additional fees. They were also offering an attractive interest rate. Want to Start Funding Deals Like These? The Brokerplan Academy is a compelling opportunity for professionals looking to generate significant income from the Financial Services Industry. Established in 2004, our experienced team bring decades of collective experience from across the sector, we provide all the tools you need to succeed. With our support and wide range of broker packages, there is an option for everyone from complete beginners to experts. Speak to our business development team to find out more! Book a Call View Upcoming Events
Refinancing to a Commercial Mortgage
Refinancing to a Commercial Mortgage Loan Type: Commercial Mortgage Loan Amount: £275,000 Lender: Interbay Commercial One of our network partners TOP Financial Services have recently put a Commercial Mortgage in place for one of their clients! The client in this deal was a limited company who were looking to get a remortgage done to pay a bridging facility currently in place – They were also hoping to raise equity in order to purchase another buy-to-let investment property. The key factors important to the client were, a provider who had the cheapest cost over 2 years and that were able to meet their funding deadlines. Interbay was chosen in this case as they were the best fit for the client’s requirements. Want to Start Funding Deals Like These? The Brokerplan Academy is a compelling opportunity for professionals looking to generate significant income from the Financial Services Industry. Established in 2004, our experienced team bring decades of collective experience from across the sector, we provide all the tools you need to succeed. With our support and wide range of broker packages, there is an option for everyone from complete beginners to experts. Speak to our business development team to find out more! Book a Call View Upcoming Events
New Company Van
New Company Van Loan Type: Asset Finance (Hire Purchase) Loan Amount: £33,596.20 Lender: Hampshire Trust Bank One of our network partners SO Finance, have recently put a Hire Purchase Agreement in place for one of their clients! The client in this deal was a Ltd Company looking to purchase a new work van and were looking for finance options. The client had been offered credit elsewhere but approached SO Finance to see if they could beat it. After approaching various lenders, Hampshire Trust was able to put in place the full amount of finance over a 5-year term. This lender offered the best rates for this type of asset, as well as being able to structure the deal with a balloon payment at the back end to reduce the monthly payment which is something the other lender the client has been approved with, couldn’t offer. Want to Start Funding Deals Like These? The Brokerplan Academy is a compelling opportunity for professionals looking to generate significant income from the Financial Services Industry. Established in 2004, our experienced team bring decades of collective experience from across the sector, we provide all the tools you need to succeed. With our support and wide range of broker packages, there is an option for everyone from complete beginners to experts. Speak to our business development team to find out more! Book a Call View Upcoming Events
Vehicle Asset Finance
Vehicle Asset Finance Loan Type: Asset Finance Loan Amount: £16,000 Lender: Ultimate Finance One of our network partners Fundr have recently completed on an asset finance deal for their client! In this case, the client required finance for the acquisition of an additional vehicle within their business. The clients required a lender that was able to meet their fundinhg deadline as well as being able to arrange funding for new start business’. The clients also wanted to retain full ownership of the asset once the agreement was finished Ultimate Finance were able to facilitate these requirements and were able to offer competitive terms. Want to Start Funding Deals Like These? The Brokerplan Academy is a compelling opportunity for professionals looking to generate significant income from the Financial Services Industry. Established in 2004, our experienced team bring decades of collective experience from across the sector, we provide all the tools you need to succeed. With our support and wide range of broker packages, there is an option for everyone from complete beginners to experts. Speak to our business development team to find out more! Book a Call View Upcoming Events
HMRC VAT Loan
HMRC VAT Loan Loan Type: Business Loan Loan Amount: £250,000 Lender: Premium Credit One of our network partners Smart Funding Solutions, have recently completed on a business loan for their client! This deal was a working capital loan for a limited company, intended to contribute towards the client’s VAT return owed to HMRC. The key factors important to the client were a lender that will pay HMRC directly, and a lender that will offer a revolving VAT facility. The deal was ultimately placed with Premium Credit who were able to support the deal for the clients. Want to Start Funding Deals Like These? The Brokerplan Academy is a compelling opportunity for professionals looking to generate significant income from the Financial Services Industry. Established in 2004, our experienced team bring decades of collective experience from across the sector, we provide all the tools you need to succeed. With our support and wide range of broker packages, there is an option for everyone from complete beginners to experts. Speak to our business development team to find out more! Book a Call View Upcoming Events
Cardiff Buy-to-Let Refinance
Cardiff Buy-to-Let Refinance Loan Type: Buy-to-Let Refinance Loan Amount: £240,000 Lender: Fleet Mortgages Location: Cardiff One of our network partners VAST Commercial Finance have recently completed on a buy-to-let refinance deal! The clients in this deal were experienced property investors, looking to refinance a multi-unit freehold property in Cardiff, In order to raise additional funds to invest in their portfolio. The estimated value of the property was £375,000, and it was being rented for £22k pa to third party tenants. The deal was taken to a selection of lenders but ended up being placed with Fleet Mortgages as they gave the clients access to the maximum funding possible. Other lenders did offer a cheaper monthly rate, but were ruled out on overall costs for the 5 year fixed period as they were charging higher arrangement fees. Want to Start Funding Deals Like These? The Brokerplan Academy is a compelling opportunity for professionals looking to generate significant income from the Financial Services Industry. Established in 2004, our experienced team bring decades of collective experience from across the sector, we provide all the tools you need to succeed. With our support and wide range of broker packages, there is an option for everyone from complete beginners to experts. Speak to our business development team to find out more! Book a Call View Upcoming Events
