Selina Finance
Lender Documents
Proc Fee
Product | Gross Fee paid by lender | Net fee paid to regulated broker | Net Fee paid to non-regulated & client referral service |
---|---|---|---|
Business Credit Facility | 3.50% | 1.50% | 0.75% |
Property Investor Credit Facility | 2.00% | 1.00% | 0.50% |
Selina Finance is a UK-based Financial Technology (FinTech) business, launched in early 2019, and supported by a multi-million pound investment from venture capitalists having previously invested in successful tech businesses such as Facebook, LinkedIn and Groupon.
They offer accessible, low-interest and no-nonsense loans secured against the value of your residential property.
Currently they offer two loan products for business use:
They offer accessible, low-interest and no-nonsense loans secured against the value of your residential property.
Currently they offer two loan products for business use:
Selina Business Loan
- Only pay when you use your funds Take out the funds you need & leave the rest for later. Only pay interest on the amount outstanding
- Rates starting from 4.95% With no fees at all, there is just a simple, low cost interest rate for you to pay
- Secured on a residential property Secure the credit facility against your residential property, or a buy to let property you own
- A secured credit facility of £25,000 to £750,000
- Borrow flexibility over 5 years
- No setup or early repayment fees
Selina Property Investor Credit Facility
- Designed for property investors Tailored specifically for property investors with at least 3 buy to lets within their portfolio
- Interest only payments Make interest only payments on the amount outstanding, with rates starting from 0.49% per month
- Secured against buy-to-let properties Secure our credit facility against one or more buy-to-let properties within your portfolio
- 3 year revolving credit facility Secured facility of £25,000 to £750,000
- No early repayment or valuation fees
New Enquiry/Case Tracking
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Complete Introducer Service
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