PropiFi is a property investment management platform that provides bridging loans for individuals and companies seeking short-term financing to secure new properties before completing the sale of existing ones. By facilitating quick access to capital, PropiFi addresses the financing gap for property developers and homeowners in the evolving UK real estate market.
Funding
Funding not disclosed
Founders
Product
Problem
Property developers and homeowners in the UK often need short-term financing to secure new properties before selling existing ones, but mainstream banks have tightened lending criteria, creating a financing gap. This gap can delay or prevent property acquisitions and development projects.
Solution
PropiFi offers bridging loans to individuals and companies, providing quick access to capital for short-term financing needs in the UK property market. These loans enable clients to purchase commercial properties, land for development, buy-to-let residential properties, and properties needing repair. PropiFi also facilitates equity release for property development and allows clients to purchase another property while awaiting a sale. By addressing the financing gap, PropiFi helps property developers progress developments and homeowners secure new properties without delay.
Target Audience
PropiFi's primary customers are property developers and homeowners in the UK seeking short-term financing solutions.
Features
- Short-term bridging loans for property acquisition and development
- Financing for commercial properties, land, and residential properties
- Equity release options for property development projects
- Fast access to capital to secure properties quickly