The startup operates a lending platform that provides whole loans and whole green loans specifically for large-scale real estate projects in the UK, including residential for sale and build-to-rent developments. By facilitating access to funding, the platform addresses the financing challenges faced by developers in the real estate sector.
Funding
$1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Large-scale real estate projects in the UK often face challenges in securing adequate financing, particularly for residential and build-to-rent developments. Traditional lending processes can be cumbersome and inflexible, hindering developers' ability to access necessary capital efficiently. Additionally, projects aiming for high sustainability standards may struggle to find lenders who offer incentives for eco-friendly construction.
Solution
Precede Capital Partners operates a lending platform that provides tailored whole loans and bridging loans specifically for large-scale real estate projects across the UK. They offer financing solutions for a range of living assets, including residential for sale or rent, student accommodation, and later living developments. Their whole loan product offers funding of £30m+, while their bridging loans provide short-term financing solutions of £5m+ for borrowers either pre- or post-development. Precede Capital also provides Green Loans, incentivizing enhanced environmental standards and helping the industry transition to Net-Zero.
Target Audience
The primary target audience includes real estate developers in the UK undertaking large-scale residential, build-to-rent, student accommodation, and later living projects, particularly those seeking flexible financing options and/or committed to sustainable building practices.
Features
- Whole loans starting at £30m+ for large-scale development projects
- Bridging loans starting at £5m+ for short-term financing needs pre- or post-development
- Green Loan options with incentives for projects meeting specific environmental criteria, structured utilizing a specialist LMA Green Facility Agreement
- ESG screening of all loans using bespoke scorecards developed in collaboration with Longevity Partners
- Proprietary Green Criteria Framework for residential housing developments, assessing Energy & Carbon, Circular Economy, Biodiversity, Water, and Health & Wellbeing
- Flexible structuring and leverage to meet the unique needs of each project
- Streamlined underwriting process leveraging deep sectoral experience