Zorin Finance Launches New Investment Loans Product

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% to 75% 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.

Robert Foley, formerly a senior director on the Santander Real Estate team, joins the team as Head of Investment Loans with over 20 years’ experience in real estate debt origination in Ireland, the US and the UK. Robert will report to Andrew Scotting, Chief Lending Officer.

Zorin Finance has established itself as one of the best-known alternative property lenders in the UK and I am excited to have joined such a dynamic company as it expands into the investment loan market. As we emerge from a turbulent 18 months, we hope to bring a fresh approach to investment lending via a product that provides more flexible terms than those offered by high street banks.

Robert Foley

Head of Investment Loans, Zorin

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.

Luke Townsend

Founder & CEO, Zorin