Zorin Finance, the alternative property lending specialist, announced today that it has launched a new Investment Loan product aimed at both residential and commercial real estate professionals.

Target sectors include Development Exit, Stabilised Residential & Commercial, PRS, Regional Offices, Light Industrial & Distribution, Hotels, Student and Multi-Tenanted Estates/Portfolios.

Loans will be available for up to 5 years with maximum LTVs ranging from 60 per cent to 75 per cent depending on asset class and with ticket sizes between £2m – £150m. Flexible debt structuring will allow for servicing via a combination of interest current and PIK.

Luke Townsend, founder and CEO of Zorin Finance, said: “Our expansion into this sector now enables us to provide a full-spectrum lending proposition; our borrowers can use our bridging loans to secure sites or enhance planning before rolling into our development finance facilities and then have the confidence of an exit at practical completion via a Zorin investment loan. We will target new-to-Zorin real estate investors too, both residential and commercial, who are being neglected by the mainstream banks as they retrench from this space in order to shore up their balance sheets post pandemic.”

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