Inspired Lending has introduced a flexible financing facility designed for brokers supporting real estate professionals in need of structured, relationship-driven financing.
These flexible facilities are available on a first or second payment basis, including combinations, and can include residential, mixed-use and commercial properties.
Facilities are available for up to 24 months, with rates starting from 0.89% per month.
Money can be withdrawn and repaid as many times as the borrower needs during the term of the facility.
Interest will only be charged on the outstanding balance withdrawn and rolled up monthly at any time, with no non-use fees.
Maximum leverage is set at 70% Loan-to-Value (LTV), with net advances drawn within a limit that ensures the balance plus interest for the remaining term does not exceed that level.
An initial settlement fee of 2% is based on the facility limit, in addition to an annual renewal fee of 0.5% of the facility limit.
Inspired Loans Sales director Owen Bentley says: “This isn’t about launching a new product, it’s about the way we work with our customers. Many professional investors are looking for speed, certainty and flexibility, rather than simple off-the-shelf loans.”
“Our flexible financing facilities are designed to support that, giving borrowers the freedom to act quickly while working with a lender who understands their long-term goals.”
“The strengthened offering reflects our focus on tailor-made structuring and long-term relationships with real estate professionals, rather than transactional, one-size-fits-all financing.”