Our aim is to provide a suite of lending facilities that support borrowers throughout their investment lifecycle. Our short-term finance solutions can be used to support the purchase of land and our development finance offering can support ground up and coversions. We can even provide lending against completed residential and commercial assets.
We tailor our funding to meet our clients' specific needs
Although we have a defined set of specialisms, these are merely an indication of what we can offer and in reality, we assess each case on the merits of the individual transaction.
Our facilities are grouped into two core strategies:
Loans from £1m to £10m, up to 75% LTV, secured against residential, commercial or semi-commercial property and land with planning consent
Loans from £1.5m to £10m for ground up development, conversions and heavy refurbishment of residential property
We are a credible lending partner
•We have highly experienced, multi-disciplinary team, which includes industry veterans who have witnessed first-hand previous property cycles and how to manage risk through them.
•Our founders have first-hand experience in developing their own projects, giving them a deep understanding of the challenges involved in delivering a successful scheme.
•Our team have lent across the capital stack, so know what is needed to make a deal fundable and are sympathetic to the various stakeholders involved in closing a transaction.
We can provide certainty of funding
•We are not reliant on one funding source and have committed facilities from disparate financial solutions each with billions under management.
•We are majority owned by Quilam Capital who have Board and operational level involvement in the management of the business.
•Our funding structure allows us to facilitate speedy development drawdowns, which allows our clients to focus on the delivery of their schemes.
We are committed to collaboration
•We see ourselves as partners, not lenders, and this client-centric approach is at the heart of everything we do.
•We are straight talking, we say no when we need to and yes when we're confident we can deliver. Our no-nonsense approach ensures clarity at all times, the cornerstone of strong working relationships.
•We’re forensic with data, combining our deep experience and obsession with detail to identify risks and opportunities which we work through with our clients.
We are your long-term funding partner
•Every real estate opportunity is different. We are fast and flexible in our response, structuring transactions that meet the needs of entrepreneurs and developers.
•A combination of our diverse funding arrangements and expertise means we can lend across the development cycle.
•We can offer facilities secured against consented land to development exit short-term finance, and everything in between.
We always consider environmental, social, and governance related (ESG) impacts
•We understand that we are a part of the ecosystem that is helping to unlock the much needed housing shortage across the UK and have supported bring over 600 homes to market.
•we actively try to support schemes that specifically aim to better the local environment.
•We ensure that we treat borrowers fairly in transactions and that we engage in responsible lending by maintaining high credit underwriting standards.
Indicative Offer( 1-2 Days )
Upon receiving the transaction details, one of Pivot’s Relationship Managers will respond with an Indicative Offer, typically within 1-2 days. Expected minimum information requirements can be found on Pivot’s website. The RM will usually call to discuss and gather any additional necessary information.
Credit Submission( 1-2 Days )
If the Indicative Offer is agreeable, an application form and a £499 admin fee will be required to proceed. The Relationship Manager will use the application information to create a credit submission. The fee, covering initial searches and due diligence, can be paid via a link in the IO, with the application form also accessible through the same link.
Heads Of Terms Sent( 1-3 Days )
Subject to approval, you will receive a Formal Offer via email, outlining the terms and any specific conditions attached to the loan facility. To proceed, the Commitment Fee must be paid, allowing Pivot to allocate resources and engage third parties for assessment.
Case Handed Over To Credit Manager( Within 1 Day )
A dedicated Credit Manager will be assigned as your main point of contact through to loan completion and future drawdowns. They will gather all necessary information for internal and external due diligence, including valuation, feasibility, and legal assessments. Third-party fees, payable directly to the service providers, will be quoted at this stage.
Loan Completion
Your Credit Manager will instruct external parties to compile reports into a final Credit Paper before loan drawdown, typically taking 2-4 weeks, depending on your legal representative's response time. Pivot needs 48 hours after receiving the final Report on Title to release the funds.
