Montello Bridging Finance


Montello Bridging Finance

Montello Bridging Finance is a real estate bridging finance company based in London, run by parent company Montello Capital Partners, which is also the asset manager for the Montello Income Fund. The Montello Income Fund is a real estate bridging finance fund that is focussed on lending against the residential property market in the United Kingdom (specifically in London).[1][2][3]

Montello Bridging Finance funds its transactions through private funding sources (as opposed to capital from banking institutions).[4] The Montello Income Fund is set up as a UK dual exempt unit trust and limited partnership that is open to individual investors, offshore bonds, and Self-invested personal pension (SIPP) investors.[5] The Fund lends directly to end borrowers in the UK, and takes first charge security interest for all of its loans in the name of the Fund.

As a bridge financing specialist, Montello provides short-term funding solutions for borrowers. Examples of where Montello provides bridging finance includes auction purchases, for corporate cash-flow issues, to complete under-market value purchases, or other instances where fast settlements are required.[6]

References

External links



Wikimedia Foundation. 2010.

Look at other dictionaries:

  • Montello — may refer to the following things: Companies Montello Private Finance, a real estate bridging finance company based in London. Places Australia Montello, Tasmania, the home ground of Burnie United FC Italy Montello, Lombardy, a comune in the… …   Wikipedia