Commercial Bridging Loans & Mezzanine Finance for Business
Our experienced lending team can help you each step through the process by explaining in detail what needs to be done by all parties and when. We arm you with all the information to make a calculated decision. We can move quickly to help you secure the required funding.
Lending type and size
Funding can be advanced immediately in amounts ranging from €350,000 to €5,000,000 on transactions in Ireland, and the UK. The funds are not restricted to real estate transactions.
Loan-to-value and term
Our loans are structured flexibly, with a term of up to 6 months, but can be repaid early without penalty after 90 days. We lend up to a maximum of 65% loan-to-value.
Borrower and exit
We require 1st charge on secured assets and an agreed and clearly defined exit strategy. The Borrower must be a commercial entity
The Process
We can break every transaction into 4 easy steps:
Click on our Contact Us form or call our lending team +353 1 574 1210
We can quickly evaluate your loan and let you know within 24 hours if it meets our lending criteria.
Should the loan meet our lending criteria we would issue our Heads of Terms (Agreement in Principle) This would include the terms and conditions in detail that we are willing to complete the transaction. This will include a commitment fee which covers independent valuation and associated legal fees. This is non-refundable.
As soon as we receive the commitment fee, we will instruct independent valuers to carry out a property valuation and our solicitors to go through each item on our Heads of Terms (Agreement in Principle) with the borrowers’ solicitor.
Our solicitors can complete a loan within 10 working days, provided they have all the information they require on the property and transaction. It is important your solicitor provides this information quickly and is familiar with short-term property finance. We can then send the funds to our solicitor for completion.
Examples of how we have helped our Clients:
Property Acquisition:
Purchasing a Residential Investment Property, commercial premises or expanding commercial premises.
Working Capital:
Funds required for a non-property business venture. The borrower would use an investment property with no existing mortgage as security.
Vulture Fund Rescue:
Providing funds to settle debt with private equity fund. Full and final settlement to be executed within 8 weeks.
Refinance:
Refinance an existing debt from another lender.
How we can help you
Pinemont is not a broker but is a principal in the transaction. Pinemont can provide you with short-term funding to close transactions from 30 days to one year. Funding can be advanced immediately in amounts ranging from €350,000 to €5,000,000 on transactions in Ireland and the UK. The funds are not restricted to real estate transactions. We do require security. We are not brokers, and therefore, we can take decisions quickly.
Brokers
Borrowers