The fast track for borrowers
If you’re looking to borrow between £100,000 and £2m and you own quality commercial, residential or owner-occupied commercial properties, Relendex wants to hear from you. Our peer-to-peer lending platform arranges fixed-rate, interest-only finance on better terms than a bank will offer you and very much faster.
How much can I borrow via Relendex?
Once a loan has been approved by our lending team, Relendex’s peer-to-peer platform allows borrowers to post loan requests online for our many lenders to view. We arrange loans ranging from as little as £100,000 up to £2m – a section of the market in which lending capacity has dramatically reduced since the financial crisis began. Many of the commercial property lenders that used to finance deals of this size have either closed to new business or drastically reduced their operations.
Benefit from Relendex’s low overheads
Because Relendex operates on a far lower cost base than banks, we are ideally placed to consider deal sizes that are unattractive for the mainstream lenders. Their high overheads mean that only larger transactions can offer them the returns they need to meet their operating costs. Relendex, by contrast, has developed a low-cost process that allows us to consider loans of as little as £100,000 at rates that make sense, both to our borrowers and to our wide range of lenders.
Within these indicative lending limits, we impose a maximum loan to value ratio of 70% for senior debt, and borrowers naturally have to satisfy our lending team on issues such as tenant quality and lease profiles. But subject to these criteria, we provide a genuine alternative for owners that the major banks no longer want to finance.
To find out more visit http://www.relendex.com/borrowing or call our account handlers on 020 7483 3456