Loan Facility - Guideline Purposes Only
 

This will be offered to individuals, companies, nation states on the unencumbered assets owned by them. Each proposal will be assessed on its own merits. All assets or collateral must be free and clear of all charges and owned by the applicants.

Business Plan

A comprehensive business plan, showing the full serviceability of the loan for the project, will be required.

Security

We require the first charge on all assets and/or fixed and floating Debenture.

Loan to Value - Up to

90% LTV in G7 countries
85% LTV in non-G7 countries.

Minimum Loan

Euro € 10,000,000. International borrowers
Euro € 1,000,000. UK borrowers

Maximum Loan

None

Term

5 Years minimum
20 Years maximum

Interest

LIBOR + 2% to 5% (more details upon request)

Repayment

Capital and interest or Interest only - to be assessed on the requirement & merit of the project.

Fees

No up front fees will be taken by Minster Asset Finance for an initial assessment. Once the project has been approved and professional reports are required then the Borrower has to pay the fees for these reports. All legal and other professional costs will be to the borrowers account.

Valuation

Normally we are able to accept the valuation from a local company, however if not acceptable we will require the valuation to be done by an internationally recognised company.