Clearpath Finance

Clearpath Finance Clearpath Finance is the brand new alternative for business borrowing for SMEs across Northern Irela

Our company provides funding solutions to business throughout NI, UK and ROI.

REFINANCE DEAL OF THE MONTH 🤝If you haven't realised, but when the cost of funds goes up, this has a direct impact on yo...
14/11/2023

REFINANCE DEAL OF THE MONTH 🤝

If you haven't realised, but when the cost of funds goes up, this has a direct impact on your ability to refinance your property business.

A few years ago rates of 6,7,8 and maybe 9% were all available, today it starts at 9,10,11,12,13+ %

A wholly different funding landscape.

This is a material change to how we all do business and has certainly caused alot of challenges right across the globe.

Closer to home we have continued to work on deals and get new facilities in place.

Last week our team closed another deal for a long standing client of the firm.

Deal Summary;

◇ Refinance private funder
◇ Property portfolio
◇ Mixed, resi, commercial, agri
◇ LTV 36%
◇ Loan - £800,000
◇ Bridge - 24 months
◇ Rate - 13%

This deal was challenging to get across the line, even though the LTV was low.

We got best in class rates and this enabled the owner to hold onto their assets and continue to build their business.

Great work from Peter Torrens and James Gibbons on this one 👏

If you need funding, get in touch with our team.

Property Finance 🧱Do you need a funding package to help secure of fulfill your property business.We have hit the ground ...
27/02/2023

Property Finance 🧱

Do you need a funding package to help secure of fulfill your property business.

We have hit the ground running in 2023, and have a number of lenders and solutions for people who require funding to purchase property, refinance property or working capital to develop property.

With loans starting from £100,000, we are best placed to source you the optimum funding solution.

For more information, get in touch with our team ✅️

4 REASONS TO WORK WITH CLEARPATHWhat our clients have been saying ✅️ In September 2016, we set out to disrupt the secure...
06/02/2023

4 REASONS TO WORK WITH CLEARPATH

What our clients have been saying ✅️

In September 2016, we set out to disrupt the secured lending markets in N Ireland, by bringing more finance options to SMEs, local entrepreneurs and the business community.

At that time liquidity was being squeezed, as main stream lenders made it very clear they were not going to be providing debt to the business community, as they had previously been doing PRE the GFC and Irish Banking Crash (2008).

We started with 1 ALTERNATIVE lender in September 2016, and by the end of November 2016, completed our first loan with a client, with a lender based in Manchester.

2023 see's us enter our 7th year in the funding space in N Ireland, and in that time we have spoken to, met with, presented to, pitched to anyone who has made it clear they are willing to finance deals in Ireland.

The really good news being that today we have over 70 different funders on our platform and we continue to deal with and speak with a wide variety of funders, who continue to have an appetite to fund deals for our clients.

Below we have shared some of the feedback we have gotten over the years from our clients and professional introducers ;

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Property Developer from Co.Armagh

I don't have the time to speak to every funder operating in this jurisdiction, so it made sense for me to engage with Clearpath. It was important to me that the Clearpath team knew exactly what i needed, which allowed them to secure the best deal on the best terms available

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Investor Belfast

They know exactly what information the banks want, so it was a no brainer to engage with the team at Clearpath, saving me time and money in the process. If they have a good relationship with a panel of lenders, alot which maybe are not based in N Ireland, it made sense that I would mandate them to act for me. Thankfully on each of the last three occasions, the relationship has worked tremendously well.

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Architect North Coast

I have worked with the team in Belfast now for a few years with a number of different clients. On each occasion it became apparent that Clearpath were able to get better terms for my clients. This maximised the overall return for my clients, which on numerous occasions was material.

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Solicitor Co. Tyrone

I run a busy practice, and on a number of occasions, I needed to introduce my clients to Clearpath as a result of a mainstream bank, walking away from deals, despite issuing terms. It's crucial for so many businesses that they have certainty when it comes to funding, and on each occasion, I can confirm the Clearpath team have delivered.

As we move through Q1 of 2023 and we are now in another new economic cycle, where credit is being squeezed across the board, it is important if you eed finance this year, you engage EARLY.

Get in touch with any of our team for more information ✅️

Conor Devine MRICS James Gibbons Peter Torrens

We are delighted to sponsor tonights SOLD OUT top of the table clash at Solitude between Cliftonville and Glentoran Shou...
20/12/2022

We are delighted to sponsor tonights SOLD OUT top of the table clash at Solitude between Cliftonville and Glentoran

Should be a great game ⭐️⭐️⭐️

May the best team win ☺️

🔴⚪️
🟢⚫️

28/11/2022

Formal Insolvency V Informal insolvency

Time is of the essence when trying to figure out your next move if you own a business and under financial duress.

The longer you delay on taking action, asking for advice, engaging with your challenges, the quicker options tend to dissappear.

Our teams operate in the informal insolvency space.

We are solutions focused, we create, build and deliver plans, structures, and proven concepts, that if executed in a timely professional manner, could save your business.

We have space for a small number of new clients currently, so to organise an immediate appointment, reach out to our team 📲

Expert knowledge is now a necessity when approached by clients to find a best in class finance solution. Often you will ...
28/11/2022

Expert knowledge is now a necessity when approached by clients to find a best in class finance solution.

Often you will have one opportunity to present a deal to a funding partner.

A rejection is a rejection !

To mitigate this process, at CLEARPATH we have our own internal credit committee.

If we do not approve the proposal in house, it doesn't get the length of our funders.

If we pass the deal in house, our success rate on achieving a funding solution remains at 100%.

If you have a funding requirement, get in touch with us 📲

This week we have secured another new funding package for one of our clients, c. £1,000,000 The debt markets remain open...
22/11/2022

This week we have secured another new funding package for one of our clients, c. £1,000,000

The debt markets remain open, and our funders are keen to do business.

Packaging, presenting and derisking funding applications is now a key part of a successful loan app.

If it's funding you require, and Q1 is the timeframe, now is the time to engage with our team

Unsecured Finance ■The first funding deal we completed at Clearpath, back in 2016, was an Unsecured facility of £400,0...
02/11/2022

Unsecured Finance ■

The first funding deal we completed at Clearpath, back in 2016, was an Unsecured facility of £400,000, which allowed one of our developer clients to complete a project.

In 2022, we have been successful again in securing a number of these facilities, which have been very helpful for our clients.

The apetitite from our unsecured lending panel remains strong today.

Many people forget about this option, and as it is often the quickest form of funding available, when utilised correctly can be of great value to any business.

If you want to explore this avenue, get in touch with us

Refinance & Equity Release 📍In 2022 we have completed a number of refinance instructions, which has achieved two outcome...
28/10/2022

Refinance & Equity Release 📍

In 2022 we have completed a number of refinance instructions, which has achieved two outcomes;

1. A new long term debt facility, profiled over 25 years, with rates fixed for up to 10 years

2. Released significant equity, allowing clients to push on and build wealth or add value to their business.

Many of these cases have involved clients who have buy to let property portfolios.

Certainly the stress tests in play today, and hurdles around repayment capacity and affordability are higher, however there are a number of specialist lenders in the market, still looking to transact in this space.

If you have a portfolio, or have a client who might benefit from this offering, get in touch with our team 📲

This week our team expect to complete on another two new loans.Both deals are property related transactions totalling ju...
24/10/2022

This week our team expect to complete on another two new loans.

Both deals are property related transactions totalling just under £2.25M

Both deals are being funded via our family office debt offering, at competitive terms and rates.

As we move through Q4 of 2022, the turbulence in the markets continue.

At Clearpath, we continue to look for deals with solid promoters and strong business plans.

If you wish to speak to us in confidence about an opportunity, get in touch with our team

This week we have been out on site, looking at various opportunities for clients looking to raise funds right across the...
20/10/2022

This week we have been out on site, looking at various opportunities for clients looking to raise funds right across the Island and mainland UK.

It's important to acknowledge, that all information presented to any lender in this environment must be robust, accurate and have an achievable business plan built in.

In the last few months, particularly with our panel of short term lenders, our team have been built into the loan management agreement, which derisks the opportunity somewhat for the lender.

One of the key parts of any facility is how the borrower proposes to repay the lender.

There are always several ways to do this, primarily through sales and refinance.

However often there are other ways also, and one of the benefits of working with Clearpath, is the suite of options we can present to those borrowers who are maybe exiting facilities.

We have also developed a relationship with many of the shorter term lenders in the market, who now regularly approach us, looking for assistance with some of their own clients who need exits.

This can only happen when your business, your brand, your value proposition has achieved market credibility.

Six years into this space, our teams have over 75 years experience in this space, and have been involved in more than £300M of new loan drawdowns.

We look forward to finishing Q4 on the front foot.

If we can help you with your funding needs, reach out to our team 📲

Recent Bridging Finance Transaction 📍▪︎ N Irish Industrial Investment Property▪︎ Main stream bank ruled out for refi▪︎ I...
18/10/2022

Recent Bridging Finance Transaction 📍

▪︎ N Irish Industrial Investment Property
▪︎ Main stream bank ruled out for refi
▪︎ Issues with company accounts
▪︎ Bridging loan for 12 months
▪︎ Total Loan £220,000
▪︎ Loan to value 65%
▪︎ Cost of funds 1% per month

In this deal the challenge was the lack of accounts which can be an issue for many funders.

Following a site visit, it became clear our team were more than happy with the security, which allowed us to pass a credit paper internally, and match this opportunity with one of our family office lenders.

It has often been the case in our funding business when doing deals, if our team can get comfortable with the security and the promoter, we will be successful in delivering finance.

Currently we have a strong apetitite to do more or these kinds of deals.

If you have a client who needs funding get in touch with us 📲

Address

GDP HOUSE, 159 DURHAM Street BELFAST
Belfast
BT124GB

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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