Types Of Borrowing

Development Finance

Description

We have built long lasting relationships with the most prominent lenders in the development space throughout Western Europe. Whether you are starting a refurbishment on one of your investment properties, have recently obtained planning permission for a multi-unit residential scheme or have applied for a change-in-use from residential to commercial – it’s important to ensure you have a market leading development loan at your disposal.

Types of Development Finance

Senior, Stretched Senior, Mezzanine/2nd Charge, Joint Venture Equity

Fees

Typical Broker fees for a development facility are 1.00% of the loan

Representative example (indicative lending terms)

Loan £10 million GBP
Rate 6.5% p.a (Fixed)
Term 18 Months
Loan to GDV 75% (Loan to Cost 85%)
Lender Fees 1.00% (Plus 1.00% Exit)

Bridging Finance

Description

The short term finance market has become extremely competitive over the past 5 years with the number of lenders entering the market increasing year on year. We have spent years getting to know as many of these lenders as possible to ensure we can provide whole-of-market advice. Bridging loans are quick to arrange and do not require any affordability assessment, with the loan interest paid as a lump sum at the end of the term instead of being serviced on a monthly basis.

Types of Bridging finance

Bridge to Purchase, Bridge to Sell, Equity Release, 2nd Charge, Refinance

Fees

Typical Broker fees for bridging facility 1.00% (1.50% for loans outside the UK)

Representative example (indicative lending terms)

Loan £12 million GBP
Rate 0.75% per month
Term 12 Months
Interest Rolled Up
Loan to Value 75%
Lender Fees 2.00% (No Exit Fee)

Prime Residential Mortgages

Description

Finding the right mortgage for a prime residential property (£5m+) can be a daunting task. Our extensive knowledge of the Private Banking industry means you’ll be paired with the right banker to suit your unique circumstances. Most private banks have different lending policies – dependent on the branch where your loan is approved. For example: if you have a Villa located in Cap d’Ail, France it might make more sense to apply for your loan in Paris, instead of Monaco.

Types of Residential Mortgages

Fixed, Variable

Fees

Typical Broker fees for Residential Mortgage 1.00% (for UK and outside UK)

Representative example (indicative lending terms)

Loan £7 million GBP
Rate 1.25% + Libor
65% Loan to Value
Term 5 Years (Renewable)
Interest Only
20% Assets Under Management pledge
Lender Fees 0.50%

Commercial Mortgages

Description

A mortgage for an income-producing commercial asset such as an office building, a gym, a retail outlet, or a logistics warehouse. We will enable your purchase or refinance through the many international and challenger banks at our disposal. Each bank has a unique appetite for a particular asset type, some will be in the market to finance offices and logistics centres whilst others will be better placed for retirement living or retail. Being placed with the correct lender can save you time and money.

Types of Commercial mortgages

Fixed, Variable

Fees

Typical Broker fees for a commercial mortgage 1.00% (1.50% outside UK)

Representative example (indicative lending terms)

Loan £15 million GBP
Rate 3.00% + Bank Base Rate
70% Loan to Value
Term 5-7 Years
Interest Only
Lender Fees 1.00%

Marine Finance

Description

We offer finance for yachts typically over 20m in length. Silver Oak Capital provides peace of mind when it comes to your marine finance needs, taking advantage of our expert knowledge and experience in putting together a tailor made financing solution for your superyacht purchase. We can also utilise the export credit market to assist the build of a brand new yacht. Yachts we finance typically registered on the British, Cayman, BVI and Maltese registers. Note that we also provide finance for commercial vessels, please enquire directly for further detail.

Types of Marine finance

Pre-build Payment Financing, Senior Secured Mortgage (Post-build)

Fees

Typical Broker fees for marine finance is 1.00% of the loan amount.

Representative example (indicative lending terms)

Loan £11 million GBP
Up to 70% LTV (Independent Yacht Valuation)
Rate 3.50% + 3 month USD/EUR Libor
Term 48 Months
Interest Only
10% of advance held on client account with bank
Lender Fee 1.00%

Aviation Finance

Description

The purchase and operation of a business jet may be financed through many different structures. But most aircraft transactions are financed through two principle means – a secured loan where the borrower incurs a facility from a bank, secured by a mortgage over the aircraft. The other being via a lease of the asset (involving either an operating lease or a financing lease). We will work together with you and your advisors to find the financing solution most suited to your needs. Note that we also provide finance for commercial aircraft, please enquire directly for further detail.

Types of Aviation finance

Secured Loan Purchase, Operating Lease, Finance Lease

Fees

Typical Broker fees for aviation finance are 1.50% of the loan amount.

Representative example (indicatie lending terms)

Loan £25 million GBP
Up to 90% LTV (30% Balloon)
Rate 3.00% + 1 Month Libor
Term 5-12 Years
Quarterly Payments (Amortising)
Lender Fee 1.50%