Recent Funding Completions
LCF are active in arranging funding for Clients across a range of sectors – from SME Cashflow Funding to finance for Property Development
Below are some examples of just a few of the recent Facilities delivered throughout Northern Ireland
TRADING BUSINESS / SME
| Loan Amount | Purpose | Funding Source |
|---|---|---|
| £350,000 | Unsecured loan to a Belfast based trading business to fund a new fitout and working capital | Alternative Funder |
| £350,000 | Loan to Derry based manufacturing business secured on their business premises – refinance and restructure of existing bank facilities | Alternative Funder |
| £350,000 | Invoice discounting facility for Belfast based healthcare business | Alternative Funder |
| £350,000 | Refinance of Derry based manufacturing business’s trading premises | Alternative Funder |
| £340,000 | New Business Funding (Livery) – Co. Down | Mainstream Bank |
| £230,000 | To fund acquisition of a guesthouse in Belfast | Alternative Funder |
| £210,000 | Secured Loan to acquire Bar in Co. Antrim | Mainstream Bank |
| £200,000 | Terminal card funding loan to a NI based trading business with multiple outlets | Alternative Funder |
| £200,000 | Trading Business Acquisition (Restaurant) – Co. Down | Mainstream Bank |
| £200,000 | Cashflow loan to fund fitout for a growing Belfast based business in the leisure sector | Alternative Funder |
| £200,000 | Terminal card funding loan to an NI based business in the hospitality sector | Alternative Funder |
| £160,000 | Secured Term Loan to Acquire B&B – Portrush | Mainstream Bank |
| £160,000 | Secured term loan to refinance loan over the business premises of a Fermanagh based business in the construction sector to a new funder on improved terms | Alternative Funder |
| £150,000 | Secured term loan for a Belfast based solicitor firm to acquire new business premises | Mainstream Bank |
| £140,000 | Trading Business – Premises Acquisition | Mainstream Bank |
| £140,000 | Unsecured Loan – Insurance Brokerage Acquisition (London) | Mainstream Bank |
| £125,000 | To fund acquisition of a commercial unit in Newtownards | Mainstream Bank |
| £125,000 | To fund acquisition of a commercial unit in Belfast | Mainstream Bank |
| £125,000 | Unsecured loan to a Belfast based SME to fund their growth plans | Alternative Funder |
| £120,000 | Cashflow loan for a Belfast based manufacturing business | Alternative Funder |
| £75,000 | Cashflow loan to fund refurbishment of an outlet of a chain of NI pubs | Alternative Funder |
| £75,000 | Unsecured loan to a North West based joinery business to fund hotel fitout contract | Alternative Funder |
| £70,000 | Unsecured Loan to Acquire Trading Business – Ballymoney | UK Based Funder |
| £50,000 | Unsecured Refurbishment Loan – Café | Mainstream Bank |
| £50,000 | Unsecured Loan- Share Acquisition – Trading Business (Chiropodist – London) | Mainstream Bank |
| £25,000 | Trading Business (Painter & Decorator) Unsecured Loan – Overdraft Conversion to Term Loan and Cashflow. | Mainstream Bank |
| £20,000 | Trading Business (Mechanic) – Premises Acquisition | Mainstream Bank |
| £10,000 | Cashflow loan to a Lisburn Road based trading business to fund working capital | Alternative Funder |
PROPERTY INVESTMENT & DEVELOPMENT
| Loan Amount | Purpose | Funding Source |
|---|---|---|
| £7,200.000 | To fund over 50 new homes across 3 developments in Northern Ireland | Alternative Funder |
| £4,100.000 | Residential Development site purchase and 100% WIP to undertake development on this site and on other unencumbered sites – Mid Ulster | Alternative Funder |
| £2,8000.00 | Residential Development facility to 100% fund new retail and apartment scheme – North Coast | Alternative Funder |
| £2,600,000 | developer exit bridging facility | Alternative Funder |
| £2,500.000 | Refinance of Mixed Residential and Commercial Investment Portfolio from Vulture Fund | Alternative Funder |
| £2,000.000 | Commercial Development facility to fund a new petrol filling station – Co. Antrim | Alternative Funder (Completed in 3 weeks) |
| £1,500,000 | Development funding package for a Co Tyrone development project funding portion of site acquisition and 100% of Phase 1 of 12 booked units | Alternative Funder |
| £1,480,000 | residential development funding for phase 1 of a Co Tyrone scheme of 40 units | Alternative Funder |
| £1,100,00 | Land and work in progress funding for a 16 unit residential development in Co Antrim | Alternative Funder |
| £1,000.000 | Refinance of Commercial Investment Portfolio from Vulture Fund – Bangor | Alternative Funder |
| £895.000 | Site acquisition and WIP funding for a development of four bespoke family homes for an experienced NI developer | Alternative Funder |
| £560,000 | bridging loan for NI based property developer | Alternative Funder |
| £450.000 | Equity Release from income generating Residential Investment portfolio to fund further Development- Coleraine | Mainstream Bank |
| £405,000 | commercial investment loan over 3 new build commercial units on North Coast | Alternative Funder |
| £360,000 | commercial loan over investment property in Lurgan | Alternative Funder |
| £350.000 | Residential Development facility to fund development of 5 new build houses – Derry | Alternative Funder |
| £350.000 | Refinance of Commercial Investment Portfolio from Vulture Fund - Derry | Alternative Funder |
| £350.000 | To refinance a commercial investment property located in East Belfast | Alternative Funder |
| £300.000 | Cash release from a residential investment property recently acquired with cash | Mainstream Bank |
| £270.000 | Equity release from an income producing residential Investment portfolio to fund additional properties | Alternative Funder |
| £270,000 | bridging loan over completed new build houses in Belfast | Alternative Funder |
| £260.000 | To fund a build to rent project consisting of the conversion of a terrace house in Portrush to 3 apartments | Alternative Funder |
| £242,000 | Residential refurbishment loan to a limited company to acquire/convert an HMO property in Belfast | Alternative Funder |
| £242,000 | residential refurbishment loan for East Belfast project | Alternative Funder |
| £240.000 | Residential Investment Property – Canterbury | Mainstream Bank |
| £235.000 | Company buy to let loan on a refurbished 5 bedroom HMO property in East Belfast | Alternative Funder |
| £200.000 | Second charge loan to a Belfast based property company to fund new development project | Alternative Funder |
| £200.000 | Residential Investment property acquisition, using unencumbered additional security – Bangor | Mainstream Bank |
| £150.000 | Refinance of a North Down based commercial investment portfolio from Vulture Fund | Alternative Funder |
| £140.000 | Refinance and Cash Release to fund Refurbishment of Dental Clinic | Mainstream Bank |
| £138,000 | Residential investment loan to a limited company to acquire a 5 bed HMO property in Belfast | Mainstream Bank |
| £130, 000 | To release equity from an unencumbered company buy to let portfolio to acquire further properties | UK Funder |
| £100,000 | To fund the acquisition of the unit next door for a Newtownards based trading business | Mainstream Bank |
| £80,000 | To release equity from an unencumbered company buy to let portfolio to acquire another property | UK Funder |
ASSET FINANCE
| Loan Amount | Purpose | Funding Source |
|---|---|---|
| £330,000 | To fund purchase of new machinery (Router Table) for large scale manufacturing plant | Mainstream Funder |
| £100,000 | Vehicle finance for a Belfast based trading business | Mainstream Funder |
| £85,000 | To refinance a director’s existing facilities on two sports cars | Mainstream Funder |
| £72,000 | To fund purchase of a plasma cutting machine for a Mid Ulster based engineering business | Mainstream Funder |
| £60,000 | Equity release for a construction company from unencumbered plant and machinery to fund Working Capital | Mainstream Funder |
| £42,000 | To fund purchase of 2 new vehicles for a NI based haulage company | Mainstream Funder |
| £30,000 | Vehicle finance for Director of one of our client companies | Mainstream Funder |
| £25,000 | To fund new till system for a restaurant in Newtownards | Mainstream Funder |
| £19,000 | To fund purchase of a new machine for a Derry based glazing company | Mainstream Funder |
| £17,000 | To fund new IT hardware for a Belfast based solicitor firm | Mainstream Funder |
| £50,000 | to fund machine for Derry based manufacturing company | Maintream Funder |
| £50,000 | to fund machine for Omagh based engineering business | Maintream Funder |
| £20,000 | to fund new till system for restaurant in Newtownards | Maintream Funder |