Dublin, Cork, Limerick and Galway Central Business District (CBD) / City Centres. We will also look at all major towns around Ireland.
Welcome to Pepper Money, specialists in commercial property finance across the commercial and residential investment property sectors. Please contact one of the lending team on 0818 866 666 or email: commercial@peppermoney.ie or one of the relationship managers in the our team icon below to discuss your lending requirements. |
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We recognise that the market for commercial property finance does not start in the millions. That’s why we offer a range of finance amounts from €250,000 through to a maximum aggregated loan size of €9,950,000.
We may be able to help you secure finance even where your credit history is less than perfect. We will consider historic arrears, Bankruptcies, Insolvencies and Examinerships. Speak to us today!
With Pepper Money’s Commercial Property Finance offering there’s no hand-offs and no ‘small-ticket’ treatment. From underwriting to our team of in-house Chartered Surveyors, we have years of experience delivering finance solutions that work.
Call or email us to speak with a member of the Commercial Property Finance team.
We will talk you through your application over the phone or are available to meet with you in person
Our Underwriting & Property team will assess your application. This can take 2-5 business days.
If your application is successful, we will make contact to discuss the terms of the loan. On receipt of the agreed arrangement fee the approved Heads of Terms will be issued
If the final assessment is successful we will issue a formal Offer Letter.
Once legal due diligence is complete and all outstanding conditions satisfied, your facility will be granted.
Suburban shopping centre generating in excess of €600k rental income per annum with further asset management potential. Non – recourse loan facility of €4m + approved with an initial LTV of 70%. Initial loan term of 5 years provided at 6.5% pricing. The applicant required funding to reacquire the asset from a receiver. Approval and heads of terms were provided within one week which allowed the applicant to secure preferred bidder status at an early stage of the process.
A loan to acquire a prime Dublin asset out of which the applicant operates a number of connected businesses. Funding of €1.4m provided which represented 90% of the funding requirement, 5 year initial loan term provided at 6.25%. Approval granted within days and drawdown completed within 6 weeks. This enabled the applicant to avail of a reduced price available for a limited time to acquire the property off market.
Dublin City based licensed premises with two apartments overhead. Experienced operator in place with strong income from the business and additional rental income. Loan advanced to property company with repayment capacity sourced from operating company and rental income from apartments. 95% of funding required provided at 6.25% with an initial committed term of 5 years over a 25 year amortisation schedule. Drawdown completed within 8 weeks which enabled applicant to satisfy terms of settlement agreement with fund.
Portfolio comprised of residential, commercial and retail properties in Wicklow Town and Arklow, Co. Wicklow. Funding provided to part refinance and allow applicant to acquire additional assets within the portfolio. Loan of €2.1m provided over 7 years at 7%, initial LTV of 65%. Structure involved one property company acquiring assets held within various SPV structures.
Ian Wigglesworth is Head of Commercial Mortgages with responsibility for all Commercial Real Estate Servicing portfolios and Pepper Money’s Commercial Lending platform. Prior to joining Pepper Money, Ian held senior commercial roles with Bank of Ireland and Irish Bank Resolution Corporation (IBRC).
Ian is a Qualified Financial Advisor and holds a qualification in Insolvency from the Chartered Accountants of Ireland.
Stuart has 33 years’ experience in the financial services industry covering a wide variety of areas, with a particular focus on property, development and cashflow lending, restructuring and asset management. Stuart is a seasoned banker and Qualified Financial Advisor previously having worked with organisations such as Link Asset Services, IBRC and permanent tsb.
Hugh has over 15 years’ experience in the financial services industry with experience in property finance, restructuring and asset management. Hugh is a Qualified Financial Advisor, holds a BA in Economics and a Higher Diploma in Business Studies. Hugh previously worked in Bank of Ireland, EBS and AIB within the corporate, business and private banking divisions.
Claire has 10 years’ experience in the financial services industry, with experience in property finance, corporate banking and restructuring. Claire is a Qualified Financial Advisor, holds a BA in Finance and Accounting and a MSc in Financial Services. Claire previously held positions in Pepper Advantage and AIB’s Corporate and Institutional Banking department.
Dublin, Cork, Limerick and Galway Central Business District (CBD) / City Centres. We will also look at all major towns around Ireland.
Rates start at 5.5% + 3 month Euribor depending on a number of different factors to include but not limited to Loan to Value, location, lease terms and deal structure.
We recognise that the market for Commercial property finance does not just start in the millions. That’s why we offer a range of finance amounts from €250,000 through to a maximum loan size of €7,500,000.
Each loan is subject to arrangement and exit fees and are priced on a case by case basis, payable on drawdown and on redemption of the loan. As is standard practice the borrower is liable for both the legal and valuation costs associated with the facility.
We offer terms of up to 7 years.
We may be able to help you secure finance even where your credit history is less than prefect. We’ll consider historic arrears, Bankruptcies, Insolvencies and judgments.
We can offer cashflow terms for repayments of up to 30 years, enhancing affordability.