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Our bridging finance can be used for
Renovations and light refurbishments prior to refinancing via a high-street funder;
Auction purchases, where quick decisions and swift processes are crucial to delivering a
successful acquisition;
Property refinancing - we can provide up to £1 million for short-term refinancing of
individual properties and portfolios.

Working Capital and Cash Flow
Lending
This is a completely new product for Seneca.
Essentially, we'll lend against a property to
provide short-term working capital for a trading
business. Taking a charge over a property is
paramount in all types of bridging loan, but in
this instance, whilst we would prefer to get a
first charge on a commercial building, if that's
not available, we'll take a second charge on a
director's main residence, as long as there's
sufficient equity to cover our exposure. As in
all cases, how our loan will get redeemed is a
crucial factor we'll explore when assessing if this
is the right solution for our clients.

The development of these products reflects one
of our key strategic objectives; to continuously
refine and adapt our value proposition, in order
to offer market-leading, innovative solutions to
our clients. It's this approach and a commitment
to service delivery that's meant for the last two
years Seneca has been named 'Alternative
Finance Provider of the Year' at Insider Magazine's
prestigious 'North West Dealmaker Awards' event.
Please get in touch if you think you or one of your
clients would benefit from an initial conversation
with us or you would like more information about
any of our market-leading products.

Jeff Morton

Neil Farrar-Smith
Director, Seneca Property

Business Development Director
E neil.farrar-smith@senecabridging.co.uk

jeff.morton@senecaproperty.com
T 07747 054 808
www.senecaproperty.com



Table of Contents for the Digital Edition of Onside Issue 6

Contents
Onside Issue 6 - Cover1
Onside Issue 6 - Cover2
Onside Issue 6 - Contents
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