£35 Million Lombard Loan Finance In Spain

£35 Million Lombard Loan Finance In Spain

Client: Property developer;Limited company
Type of Property: Property development in Spain
Value of Property: £35 million
Loan-to-Value Ratio: 70%

A limited company looking to build a significant new development in Spain was introduced to Hectocorn by its private bank. The client needed quick access to £35 million to invest in the new property without selling its existing assets, affecting its portfolio, or disrupting its long-term financial strategy.

The client also required expert insight into the Spanish market as it struggled to gain appealing terms from local lenders, who had restrictive criteria and wouldn’t consider foreign assets as collateral.

Hectocorn’s team used its extensive network of niche lenders in Spain to introduce the client to a private Spanish bank. We negotiated with the bank to help the client secure immediate access to financing through a Lombard loan. This allowed the client to secure a specialised fixed loan against its significant existing assets, including bonds, equities and investment funds, rather than having to sell them to invest in the property.

Securing a Lombard loan agreement requires expert insight from experienced financial consultants, who can identify the best loan conditions and negotiate complex agreements. And financing high-value property in foreign countries can be challenging, especially when working with local banks or lenders.

Hectocorn diligently monitors changes to Lombard loans and evaluates your financial situation to guarantee deals that align with your financial objectives. Our network provides access to a wide range of international lenders, allowing us to secure bespoke financing solutions for any circumstance. This expertise can be invaluable in gaining the best possible terms and navigating the complexities of international property finance.

Discover how Hectocorn can help you secure the best Lombard loans by getting in touch.

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We are a credit broker not a lender.

Important: Your home or property may be repossessed if you do not keep up repayments on a mortgage or any debts secured on it. Think carefully before securing other debts against your home.

Hectocorn is the trading name of Hectocorn Ltd, registered in England, Company Number 13796970. The registered office is 8 Hill Street, London, W1J 5NG. Hectocorn is authorised and regulated by the Financial Conduct Authority (FCA). Hectocorn is entered on the Financial Services Register https://register.fca.org.uk under reference 967847. We conduct both regulated and unregulated business and therefore not all products provided through us are regulated by the Financial Conduct Authority. We are registered with the Information Commissioner’s Office (ICO) for data protection under reference ZB476554 and you can check this via www.ico.org.uk.

We source finance from a wide range of providers across the market. Commissions we receive may differ based on the lender, product, or other relevant factors. Any details regarding commission structures will be clearly communicated to you before you proceed.

The information provided on this website is for informational purposes only and should not be considered as financial advice. Users are encouraged to seek professional advice specific to their individual circumstances.

We are a credit broker not a lender.
Important: Your home or property may be repossessed if you do not keep up repayments on a mortgage or any debts secured on it. Think carefully before securing other debts against your home.
Hectocorn is the trading name of Hectocorn Ltd, registered in England, Company Number 13796970. The registered office is 8 Hill Street, London, W1J 5NG.Hectocorn is authorised and regulated by the Financial Conduct Authority (FCA). Hectocorn is entered on the Financial Services Register https://register.fca.org.uk under reference 967847.We conduct both regulated and unregulated business and therefore not all products provided through us are regulated by the Financial Conduct Authority.We are registered with the Information Commissioner’s Office (ICO) for data protection under reference ZB476554 and you can check this via www.ico.org.uk.We source finance from a wide range of providers across the market. Commissions we receive may differ based on the lender, product, or other relevant factors. Any details regarding commission structures will be clearly communicated to you before you proceed.
The information provided on this website is for informational purposes only and should not be considered as financial advice. Users are encouraged to seek professional advice specific to their individual circumstances.