Case Studies

Here are examples of some of the deals that Finance Ireland has completed.
Dublin Industrial
Deal Value: €10.7m

Facilities to fund the purchase of a central Dublin industrial estate for a 4-year term. The facilities provide the borrower with fl exibility around leases and repayments to enable optimum asset management.

Galway Mixed Use
Deal Value: €4.8m

Facility in the personal name of the borrower to part fund a settlement with a loan fund representing 68% LTC and 52% LTV. The portfolio is primarily made up of industrial units with office & retail making up the balance.

Dublin Industrial Development
Deal Value: €1.1m

€1m development facility plus interest roll up to part fund the construction of a 28,000 sq ft industrial property within the M50 in west Dublin. LTC of 50% and peak LTGDV of 36%.

Dublin Residential Portfolio
Deal Value: €8.2m

Portfolio of pre-63 properties located in city centre locations. Initial exposure of €0.65m, with facilities now advanced totaling €8.2m. Portfolio leverage of 70% LTV pre-refurbishment, with post refurbishment LTV of 55%, 5 year variable commitment. The original loan was an equity release against an unencumbered property, allowing for successive property purchases by the promoter, which required refurbishment and re-letting.

Dublin Industrial
Deal Value: €3.4m

Mixed use industrial/ retail portfolio, which included some occupational planning uncertainty and a requirement for part of the loan to be directly to an individual. Loan of €3.4m at 100% of financing requirement (62% LTV), over 5 years. The promoters required simultaneous settlement of facilities with a bank and a loan fund, requiring cross person/ company guarantees, with additional collateral security.

Provincial Residential And Retail Bridge
Deal Value: €2.8m

A portfolio of provincial assets to facilitate refinancing a loan fund and enabling final settlement of a borrower’s wider legacy issues. The transaction involved provision of 80% of the total financing requirement on a 12 month bridging basis pending an element of portfolio sales and the introduction of further equity from the borrower’s trading business.