Ark Private Finance, a UK-based firm, operates within the specialized realm of bridging finance, development finance, and commercial mortgages. They cater to a diverse range of clients, including property developers, landlords, and businesses seeking short-term funding solutions or long-term commercial property financing.
Unlike traditional high street banks, Ark Private Finance positions itself as a flexible and responsive lender. Their core strength lies in their ability to provide bespoke financial solutions tailored to the specific needs of each borrower. This approach is particularly valuable for projects that fall outside the lending criteria of mainstream institutions, such as complex developments, properties requiring refurbishment, or time-sensitive acquisitions.
Bridging finance is a key offering. This short-term loan is often utilized to “bridge” a gap between a property purchase and the sale of an existing property, allowing borrowers to seize opportunities without waiting for their current assets to liquidate. Ark Private Finance can provide bridging loans for various purposes, including property auctions, chain breaks, and property refurbishments, with repayment terms typically ranging from a few months to a year.
Development finance is another area of expertise. This type of lending supports property developers in funding new build projects, conversions, and significant refurbishment works. Ark Private Finance assesses projects based on their viability, location, and the developer’s experience. They provide the necessary capital to cover construction costs, materials, and professional fees, enabling developers to realize their projects from conception to completion.
Commercial mortgages form the long-term financing arm of Ark Private Finance. They offer mortgages for a variety of commercial properties, including offices, retail units, industrial spaces, and investment properties. These mortgages can be used for purchasing, refinancing, or improving existing commercial properties. Ark Private Finance considers factors such as rental income, business performance, and the property’s valuation when assessing commercial mortgage applications.
Ark Private Finance emphasizes building strong relationships with its clients. They assign dedicated account managers who work closely with borrowers throughout the lending process, from initial consultation to loan disbursement and ongoing support. This personalized approach ensures that clients receive expert guidance and tailored solutions that meet their individual circumstances.
Transparency is another cornerstone of their business model. Ark Private Finance clearly outlines all fees and charges associated with their loans, ensuring that borrowers are fully aware of the costs involved. They also strive to provide quick and efficient service, recognizing that time is often of the essence in the property and business sectors.
In conclusion, Ark Private Finance offers a specialized lending service for borrowers seeking flexible and bespoke financing solutions within the property and commercial sectors. Their focus on bridging finance, development finance, and commercial mortgages, combined with their personalized approach and commitment to transparency, makes them a valuable alternative to traditional lenders.