Case Studies
Residential term loan
£5.1m loan secured against 6 long leasehold residential apartments within a multi-unit freehold. All apartments let on a corporate lease. Structured over a 2-year term on an interest only basis.
Renovation short term loan
Initial £330k loan over 12-month term on interest only repayment to support conversion of Grade II listed property into 6 residential apartments. No early repayment charges to support conversion. The loan converted to a term loan to raise capital for the borrower of...
Purchase and refurbishment short term loan
Additional facility for existing borrower. £611k loan to assist with purchase and refurbishment of HMO asset. Initial day one drawdown followed by monthly release of funds to support works. Structured over a 12-month term with partial interest roll up to assist...
Land and Property short term loan
£800k loan secured against land with planning and 3 smaller mixed-use sites to enable the purchase of property providing 100% of purchase price. Two-year term on interest only repayment.
Term loan for vacant mixed-use asset
£800k loan over a 5-year term to capital raise against newly developed mixed-use asset. Structured with day one funds released against vacant property with additional release of funds as lettings progressed.
Re-Finance Term Loan
£525,000 loan secured against owner occupied office plus adjacent land and disused pub. Our interest only loan enabled owner to evolve plans for the land and ultimately sell the pub for alternative business.
Owner Occupier Term Loan
£1,200,000 term loan to enable refurbishment of existing industrial units & completion of new unit for expansion. Waived requirement to monitor tranche drawdowns and advanced at investment loan rate as sufficient security available at outset to justify.
Capital Raise Term Loan
Initial advance of £325,000 towards conversion of former nursing home into 6 luxury apartments. Further tranches advanced against build progress then refinanced onto £1,500,000 term loan upon completion, interest only initially, enabling some capital repatriation.
Industrial Property Bridging Loan
An existing client require a bridging loan of £400,000 against owner-occupied industrial property and a residential development site, interest rolled up for the term.
Residential London Term Loan
£1,050,000 loan secured against 4 residential apartments in London. Interest only initially and bespoke agreement to repay lump sums from sales in due course with no penalty.
Mixed Portfolio Term Loan
A loan of £670,000 to refinance an existing lender and provide a capital raise for refurbishment of one of the properties. The portfolio comprised a mix of retail and residential properties with 3 of the security properties being restaurants occupied by a related...
Commercial Purchase Term Loan
Term loan of £480,000 at 60% LTV secured against owner-occupied industrial property. Our loan facility allowed the purchase of the site, full refurbishment and the repayment of a wider investment property mortgage.
Owner Occupier Industrial Site Term Loan
Owner occupied industrial unit where we advanced £1,000,000 enabling the founder to move the company property into a long term property holding entity.
Service Accomodation Term Loan
Term loan £5,750,000 secured against serviced accommodation with retail to ground floor. Strong competition for this deal but essentially advanced a higher LTV than high street banks whilst at competitive interest rate.
Commercial Purchase Term Loan
A loan of £2,700,000 secured against 4 owner-occupied industrial units to facilitate the purchase of a new unit for the business to expand.
Commercial Site Bridging Loan
A bridge of £4,000,000 with interest covered monthly secured against a town centre commercial site with outline planning for residential development .No automatic renewal fees, interest only charged per day not a month in advance.
Testimonials
Harrison Developments Malton LLP
"HS Credit took over our funding requirements in Summer 2022, we were previously with an excellent short-term funder and HS Credit were a logical choice as long-term relationship.
"The whole team at HS Credit have been fantastic and has a feel of the old ways of banking, as you can speak to whoever you need in the team when required.
"The swap from one funder to another was made very easy which was helped along by a good legal team on both sides.
"We hope to be doing business with HS Credit for the foreseeable future."
Damian McGann Funding friends.
"We have completed several transactions across the last 12 months with the HS Credit team. We and our clients have found them to be knowledgeable and pragmatic on commercial decisions, afforded by their refreshing risk-based approach to lending."
Paul Gorman
"It is great to work with the team at HS Credit, in particular, as an introducer it is good to be able to speak with someone who is very experienced, so they don’t waste my time telling me that they can do the deal only to find out when it reaches their underwriters that it cant. The drawdown process is also very efficient which is again down to them having an experienced team who work closely with their legal team, myself and the borrower to ensure a prompt completion."
Dynamic Capital
"We have been working with HS Credit for the last two years, initially with the development of a Tesco Express at Killinghall (Nr Harrogate) and latterly with our Rodley development to fund a new swing bridge / S278 road layout, designed to meet the statutory requirements of the Highways Agency.
"Both projects have seen difficulties emerge that could not necessarily be envisaged at the outset. HS Credit as a funding partner, show both flexibility and understanding throughout the development, working with you to a successful conclusion.
"They have a full understanding of property development/management and have stood alongside us throughout both of our developments. Such a different approach to tick box lenders who have little or no understanding of property transactions."
McCauls
"Efficient people to deal with from the outset and very understanding of our requirements with a great market knowledge, providing us quickly with a deal that was commercially competitive."