Find the finance category that matches the need.
Regalis considers property and business finance across several transaction types. This overview explains the purpose of each category and the information needed to start a discussion.
REGALIS / BorrowersUnderstand the category before comparing terms
Some labels describe security and others describe purpose. A first mortgage can support a bridging transaction or a development facility. A second mortgage describes a different security position and may depend on existing lender arrangements.
Compare the reason for borrowing, the expected term, the proposed security, the use of funds, repayment and required evidence. Pricing and final terms belong in the transaction-specific proposal after assessment.
The comparison should include a clear statement of the proposed funding route. Where Regalis acts as broker, the external lender's assessment and documents determine the facility.
Compare purpose, security and repayment
A mortgage label describes a position in the security structure. Bridging describes a temporary funding purpose. Development describes a project and the way funds may be drawn. A single facility can involve more than one of these features, so selecting a label is only the beginning of the discussion.
Start with the commercial objective and consider the whole funding requirement, including existing debt and transaction costs. First mortgage finance concerns the proposed senior property security; a second mortgage sits alongside an existing first mortgage. Development finance focuses on delivery and staged expenditure, while residual stock finance concerns completed property. Business facilities may instead rely on operating cash flow or specific assets. Compare term, payment structure, conditions and exit, as well as the proposed funding provider.
Compare the main finance categories
| Consideration | What to explain |
|---|---|
| Mortgage position | First mortgage and second mortgage describe the proposed security ranking. Consider existing debt, priority, lender consent and repayment together. |
| Temporary funding | Bridging describes the interval before an expected sale, refinance or receipt. Evidence of timing and an alternative exit matter. |
| Project stage | Development funding addresses delivery and staged costs. Residual stock funding concerns the position after completion and repayment from remaining assets. |
| Business requirement | Working capital, acquisitions, equipment and restructuring have different cash flow patterns and may require different providers or structures. |
The process, explained
- 01
Describe the requirement
Start with the amount required, use of funds, timing and source of repayment. Identify the borrower and any broker or adviser involved so communication follows an agreed route from the outset.
- 02
Confirm the funding relationship
The team considers whether the scenario may be assessed for direct funding or through Regalis acting as finance broker. The proposed lender, service provider, costs and responsibilities are explained as the structure develops.
- 03
Review evidence and proposed terms
Detailed assessment can involve financial records, valuation, security review and legal documentation. Read the proposed costs, conditions, payment obligations and exit assumptions together. Raise missing information and changes promptly, before relying on an indicative position.
- 04
Document, settle and monitor
A transaction proceeds only when the relevant decision maker approves it and required conditions are met. After settlement, follow the facility reporting and repayment requirements and discuss material changes before an obligation is missed.
Questions before you proceed
Can one scenario fit more than one category?
Yes. A first mortgage could secure a bridge or a development facility. Describe both the purpose and the security so the team can consider the right assessment process rather than relying on the product name.
Where can I compare rates and fees?
Transaction-specific terms follow assessment. Ask for the total cost, interest treatment, fees, payment schedule and any early repayment or extension conditions. A headline figure alone does not describe the economics of the facility.
Start a considered conversation
A clear initial outline helps identify the next decision and the evidence needed to support it. Include the proposed timing and any complication that could affect the structure. Further information and transaction-specific terms follow through the appropriate assessment process.