Fair Property Finance

•        Flexible, Affordable Property Finance
•        Provided to Experienced Property Developers
•        Typically €500k to €5m, for 3 – 24 Months

 

Property Development Loans

Initiative Ireland is a specialist finance company offering affordable, flexible finance to experienced property developers. We specialise in funding the delivery of social housing and also private affordable housing developments. All projects are underwritten by institutional funders and then co-funded by our social impact investor community.

Our experienced finance team manage each loan from end-to-end and will work with you and your team to assess your funding requirements and help you to secure a quick decision on bridging, development or exit loans.

As an social impact finance provider, we are here to deliver new homes to the market, backing projects and teams we believe in on a repeat basis. So call us today to arrange an introductory meeting with our Property Finance Team.

Call our team Monday to Friday (8.30am to 5.30pm) on:

+353 1 6859259

Borrower Testimonial

“Working with Initiative Ireland has been a C-change as far as I’m concerned.” - Frank Flynn, Linham Construction

“We as a company view (Initiative Ireland) as a member of our team. We have a very close working relationship. They’re a great partner to have.” – Eugene Finn, Capcom Engineering

Key Loan Features

Development Loans

  • Flexible Loan €500k - €5,000,000
  • Borrow up to 80% of cost or 75% LTV
  • Quick decision and simple application
  • Rates typically 8% - 9% per annum
  • Flexible Terms from 3 to 24 Months

Bridging Loans

  • Flexible Loans €250k - €1,000,000
  • Borrow up to 70% LTV
  • Quick decision and simple application
  • Rates from 0.7% per month
  • Terms from 3 Months

Exit Loans

  • Flexible Loans €1,000,000 - €5,000,000
  • Borrow up to 75% LTV
  • Quick decision and simple application
  • Rates from 7% per annum
  • Terms up to 18 Months

Supported Property Developments

Supporting your Project

  • Initial Project Review

    • Call Us and speak with one of our Loan Officers
    • We complete initial review and onsite visit
    • We provide an indicative loan quote & term sheet

  • Formal Loan Application

    • We complete necessary due diligence
    • Our Credit Committee reviews your application
    • We commission external legal due diligence
    • Closing typically within 4 to 6 weeks

  • Loan Management Plus+

    • Drawdown Commences per schedule
    • Regular onsite visits from our relationship managers
    • Quick turnaround on releases as standard
    • Marketing and PR Support as standard

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About Initiative Financial Services

Initiative Ireland operates Ireland's largest peer-to-peer property lending platform. Since launching in 2015, the company's investor community has supported the construction of over €50m in social, affordable and mid-market housing projects across Ireland. Learn More...

Local Knowledge & Experience

Initiative Ireland was founded in 2015 by a team of experienced, proven finance professionals who had a shared vision of delivering positive social impact through financially inclusive and fair services. Like you we are committed to supporting the delivery of new housing nationwide.

 
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