mixed use 3 (greyscale) .png


Case study 3

Product: First charge loan secured against a mixed-use scheme

Security: Multiple care homes and residential units across London

Gross Loan: £4,800,000

LTV: 60.20%

Term: 7 months

Borrower Type: High net worth individual

Purpose: Complicated multi-title, multi-SPV structure secured against 6 assets with 8 titles. Pivot provided the loan to enable the borrower to conduct the necessary legal changes to simplify their structure and obtain high street refinance. 

Exit: High street refinance

Key Points:

  • Pivot lent against the current value of the assets
  • Personal guarantee and debentures taken
  • Lent against complex SPV structure