Borrow - Products - Senior
Fund your next development.
Shojin provide short term bridge loans and work with preferred senior lenders to fund strategic acquisitions and developments.
What is a Senior loan?
First charge lending.
Senior loans typically provide the bulk of finance required to acquire an asset or undertake a development. Secured by a first legal charge, this type of debt sits ahead of all other parties in the capital stack.
This type of lending relies on Loan to Gross Development ("LTGDV") and Loan to Cost ("LTC") caps, and attracts a fixed return. Facilities tend to cover up to 80% of the total costs.
How does a Senior loan work?
In combination with our junior products, Shojin currently provide senior debt in the form of bridge loans to support acquisitions or short term financing.
When funding development schemes and larger strategic acquisitions, we work with preferred parties and can provide a full stack solution together.