MCL Finance Limited is a UK-based specialist lender established in 2017 that offers short-term real estate-backed funding solutions to experienced property investors, landlords and developers. The company operates as a non-bank direct lender authorised and regulated by the Financial Conduct Authority for consumer credit activities. Their focus includes bridging, refurbishment and development finance across England, Wales and selected parts of Scotland. This lender may suit those needing rapid, tailored finance for property projects, though it is mainly appropriate for seasoned professionals rather than first-time developers or price-sensitive borrowers. Learn more about bridging loans and debt financing.
Key Features of MCL Finance
This lender provides practical features to support fast, flexible funding for property projects with a hands-on approach.
- Fast underwriting with indicative terms typically within 4 hours. See our quick business finance guide.
- Direct lender with in-house credit and legal teams enable quicker completions. Explore credit facility options.
- Flexible security arrangements including residential, semi-commercial and commercial assets. Details on collateral.
- No early redemption penalties on bridging products, with interest calculated daily. See bridging loans specifics.
- Dedicated relationship manager throughout loan life. Related to lenders overview.
Funding Eligibility at MCL Finance
Borrowers may qualify based on property assets and relevant development experience rather than business turnover. Loans are aimed at experienced developers and investors rather than novices. Check eligibility tools and guides for more details on business loan qualification and alternative finance requirements.
Loan Options Available
MCL Finance offers several types of short-term property loans suitable for investment and development projects. Below are key offerings with terms, amounts and rates.
- Standard Bridging Loan: £100,000 – £10,000,000; 3 – 24 months; 0.55% – 1.25% per month (9.9% – 15.6% p.a.). See bridge loan details.
- Light Refurbishment Bridging: £100,000 – £5,000,000; 6 – 18 months; 0.60% – 1.30% per month. Related to bridging loans.
- Heavy Refurbishment / Conversion Loan: £250,000 – £10,000,000; 9 – 24 months; 0.75% – 1.35% per month. Review debt financing principles.
- Ground-Up Development Finance: £500,000 – £15,000,000; 12 – 30 months; 8.5% – 12% p.a. See development finance coverage.
- Bridge-to-Let Term Exit Loan: £150,000 – £3,000,000; 2 – 5 years interest-only; 6.25% – 8.50% p.a. fixed. See related buy-to-let mortgages.
How to Apply to MCL Finance
The application process is designed for speed and simplicity, with online enquiry and document submission followed by offline legal completion.
- Submit an online enquiry form with same-day credit indication. See application form guidance.
- Provide required documents including ID, asset and liability information, property details and evidence of exit strategy. Refer to the exit strategy checklist.
- Await decision with indicative terms within 4 hours and credit-backed offer 24 – 48 hours after full documentation.
- Sign loan agreements and complete legal formalities. Typical funding completion ranges from 5 to 14 working days dependent on readiness. Review loan timelines.
Funding Agent’s Review of MCL Finance
MCL Finance presents as a nimble specialist lender offering rapid, tailored short-term finance primarily for experienced property professionals. The lender’s flexible product structures and internal decision-making support swift funding, though higher costs and personal guarantee requirements limit suitability for first-time developers or those seeking lower-priced alternatives. Consider using our eligibility checker and loan comparison tools to assess your options before proceeding.
