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RESHAPING PROPERTY FINANCE
www.slideproject.com
Online Peer to Peer timeline
22
2005 – Peer to peer loans.
Zopa, UK, Lending Club,
US.
2008 – Reward Based
Crowdfunding –
Indiegogo, Kickstarter
2013 – Online marketplace for real
estate – Realty Mogul, LendInvest
2009 – Peer to
business. Funding
Circle, OnDeck
2018 – Property
Bridges
2013 – LinkedFinance
SME Lending – €90m
LOW YIELD
ENVIRONMENT
TECH
DISRUPTION
ANTI BANK
SENTIMENT
AND RISE OF
SOCIAL
INVESTING
BANKS HAVE
STOPPED
LENDING
1. BACKED BY PHYSICAL ASSET
2. HIGH RETURNS
3. PROVIDES DIRECT ACCESS
4. INVESTOR DISCRETION
5. TRANSPARENT
Enquiry & Initial
AssessmentTerm Sheet
Due Diligence
Legal and
Security
Drawdown and
Ongoing
Monitoring
• INVESTMENT SOFTWARE
• E-PAYMENTS SOLUTION
• E-SIGNATURE
• CLIENT ONBOARDING
• ONLINE PAYMENTS
• ONLINE LOAN APPLICATION
• KYC / AML
• TRANSACTION RECORDING
• LIVE DASHBOARD
LENDER
BORROWERINCREASED SPEED
COST EFFECTIVE
FLEXIBLE
ACCESSIBILITY
DIVERSIFICATION
MANAGE INVESTMENTS ONLINE
REAL TIME DASHBOARD
PENSION INVESTING
2,000
Registered Lenders New Homes
10,000
1,000
• STREAMLINING / AUTOMATE OF
THE LOAN PROCESS
• ONLINE CALCULATORS AND
TOOLS – REAL TIME QUOTES
• EFFICIENT ALLOCATION OF
CAPITAL
• INTEGRATING DATA INTO THE
LOAN DECISION PROCESS
DAVID JELLY James Twomey
LK SHIELDS
CEO Head of Lending
Law FirmLEGAL
KATIPULT
TECHNOLOGY
Marc Rafferty
Head of PR &
Marketing
MANGOPAY
ePayments
Provider
OCFPM
Project Due
Diligence
NDRC & EI
Shareholders and
Growth Partners
Shane Conroy
Graphic Designer
€1.7m2,000SHORT TERM
BTL
Registered Lenders Funds Raised 2021
We currently only consider loans that meet the following criteria:
• Development Funding post acquisition with max LTGDV 65% & LTC 75%
• Full Valid Planning Permission in place
• There is a clear exit from the project, ie sale off plan or open market, or a secured refinance
• First Charge Security – ie no other lenders or loans active on the asset
• The Borrower is not a private individual and there is no family home in the security
• Bridging – in some cases, we will consider a portion of bridging as a precursor to
development
• Currently reviewing initial information in order to issue terms on 5/6 projects.
• We have turned down funding on 5/6 projects to date, based on LTV/LTC being too high
(inadequate equity), lack of proper experience/expertise and unrealistic sales assumptions.
• SHORT TERM
BRIDGING – 30 YEAR
MORTGAGE
• £100M ONLINE
PLATFORM
• £480M BANKS AND
INSTITUTIONAL
• IPO 2020?
1931
EMPIRE
STATE
BUILDING
2012
BD BACATA
