Commercial
What we do
Need flexible finance to buy or refinance a retail, office, industrial, leisure or residential property? Our Commercial Division provides it. We help customers big and small with loans ranging from £1m to over £300 million.
How we're structured
The roles we recruit for most often
Lending Manager
You’ll manage new lending transactions to completion. This includes managing the relationship on substantial, complex commercial property and/or cashflow-based loans.
Senior Lending Manager
You’ll boost the Division’s profits by originating complex, high-value commercial transactions. In the process you’ll make the most of your specialist, multi-disciplinary knowledge and exercise robust control over documentation and due diligence.
The skills look for
Lending Managers
need to know about
- the dynamics of the UK property market and its sub-sectors
- competitor lender profiles/appetites
- different investor return objectives and their impact on behaviour
- property valuation principles
- legal and taxation frameworks
- Loan Market Standards including regulatory issues
- Treasury products
- credit and jurisdictional risk
Senior Lending Managers
need to know about structuring the negotiation and documentation of: –
- Public and Private Limited Company Acquisition
- Management and Leveraged Buyouts
- Senior and Mezzanine Debt Funding
- Large Property Portfolio Purchases
- Sale and Leaseback transactions
- Syndicated Loan Underwriting
- Project Finance (PFI/Public Private Partnership - PPP).
- the dynamics of the PFI/PPP market and contractual arrangements
- the funding requirements and risk profile of Special Purchase Vehicles (SPVs)
- the construction and facility management processes, their risk profiles and contractual structures
Where you'd work
Commercial Standard Lending teams work all over the country including:
- Birmingham
- Manchester
- Northampton
- Sevenoaks
- Waltham Cross
Commercial Bespoke Lending teams have offices in London and Northampton.
Commercial Middle Office is based in Northampton and London.
Commercial Back Office is based in our Northampton Head Office.
