Borrowing From Propifi

The process for borrowing from Propifi is efficient with a quick turn around. The application and credit approval process for borrowing  is thorough. Our underwriting team works closely with the credit panel and will pay particular attention to your exit strategy, security, experience and track record.

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Lending Criteria

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Loan to Value Ratio

Max 70% LTV

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Borrowing

£50k to £5m

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Term

3 to 12 months

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Valuation

Open Market

 

Process

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Application & Underwriting

Our application process will require evidence of your experience and details of the proposed project. A particular focus will be placed on your exit strategy and how this can be evidenced, the application and underwriting will culminate in heads of terms being issued within 5-10. At this point, a valuation will be completed.

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Legals & Drawdown

Our legal partners will create a legal pack within days enabling a fast track application of security and drawing down of funds; drawdown will be net of all your costs.

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Exit Monitoring

As part of your heads of terms a series of exit monitoring checkpoints will be agreed, exit monitoring drives confidence and course correction support towards a successful and timely loan redemption.

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Redemption

Repaying of loan and removing security draws the loan to completion.

 

Application

Request application support

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