Loans
• We provide short term, secured loans up to £75,000.
• Lending decisions are made quickly, usually within 24 hours.
• We can look at taking a second or even third charge behind senior lenders.
• We can take charges on residential or commercial property.
• Other assets as security will also be considered.
• Loans are tailored to suit the needs of the borrower.
• Interest is calculated on a daily basis.
• We can lend up to 75% of OMV even on a second legal charge.
• Terms of up to 6 months.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Lending Requirements
Amongst other conditions we will always require:
• A clear and viable exit route to be established.
• A site visit accompanied by the borrower.
• A professional valuation addressed to Portman Finance.
• Lender's own independent solicitor to be appointed.
Film Tax Credits
At Portman Finance, we are also able to advance funds to a UK Film Production Company that qualifies under the Film Tax Credit Scheme. With supporting personal guarantees, we can look to advance up to 100% of the projected Tax Credit refund.
We are happy to look at Tax Credit Loans of up to £200,000.
For further information on the Film Tax Credit Scheme please go to:
http://www.ukfilmcouncil.org.uk/taxrelief
Types of Funding
- Bridging Finance
- Short Term Equity Release
- Small Business Loans
- Film Tax Credit Loans
