New Year – New Lender. But what is Octane Capital?

by Mark Posniak Managing Director at Octane Capital

Octane Capital is the UK's first (and only) 'product-less' lender, an approach it describes as the 'third generation' of lending. #3rdgen lending takes the professionalism of bridging post-Global Financial Crisis and blends it with the entrepreneurial spirit of the bridging market pre-2007.

By having no products - and therefore no set rates and LTVs - Octane can work collaboratively with intermediaries to construct the best possible loans for their clients' particular circumstances. Crucially, this collaborative approach will often prove the difference between a broker winning and losing a rate-sensitive case.

The #3rdgen lending model is a revolution within specialist property finance that is being used by a growing number of introducers who see the value it adds. Reflecting this, Octane has already achieved over £350m in completions since its launch in July 2017.

Who's behind Octane?

Octane's three founders are all recognised and highly respected names within the specialist lending space: CEO Jonathan Samuels, Managing Director, Mark Posniak and Director of Risk, Matt Smith. The three have worked together since 2009 and, between them, have loaned more than £2.5bn across every area of property finance: mortgages, regulated mortgages, buy to let, secured lending, bridging, development, mezzanine, light refurb, heavy refurb and commercial — with loans ranging from just £100,000 all the way up to £50m and beyond. There isn't a deal out there that they haven't done.

What are Octane's areas of focus right now?

Octane are currently very active in the following four areas:

• Residential & Commercial Bridging Loans
• Developer Exit Loans
• Medium-term Buy to Let Loans
• Residential Refurbishment Loans

• Facilities from £100,000 up to £25,000,000 (and beyond)
• All types of residential property, semi-commercial property, commercial property and land/sites with planning
• All borrowers considered, including Foreign nationals and expats

• Individuals, Partnerships, Limited companies, Offshore companies and trusts
• Partially retained, serviced or any interest payment combination offering complete flexibility

• Bespoke bridging periods and flexible approach to structuring

• Fast decisions – applications are reviewed immediately, providing quick, credit-backed solutions

• Rental income to cover 100% of pay rate (for Buy to Let Loans)
• We’re not a bank, so we don’t behave like one. We can consider adverse credit and help find a custom solution to help your client refinance or sell

Based in: Camden, London
Contact: 0345 222 9009             
Twitter: @OctaneCapital