How We Help You Manage Your Risk
When making an investment there is always a level of risk*, at Fitzrovia Finance, we do our utmost to help you minimise these risks.
Fitzrovia Finance exclusively operates an asset backed lending model. What this means is, unlike most online property lending platforms, we secure bricks and mortar against your lending. To further solidify our position and your investment, our expert property lending team methodically:
- Executes our proprietary “7 Steps risk controls ”
- Takes a first charge security on bricks and mortar
- Secures £150 bricks and mortar assets coverage for every £100 loan
- Adds up to a 25% borrower guarantee
Proven Lending Process: the 7 Steps risk controls
Fitzrovia Finance takes a case-by-case approach to its property lending decisions. Our Loan Officers follow a strict methodology; they evaluate each loan request individually and a large number of criteria are taken into consideration when risk assessing a borrower and appraising a loan.
For instance, when it comes to determine the creditworthiness of our corporate borrowers, our dedicated Loan Officers not only establish a strong face-to face relationship with each borrower, they would also run strict enquiries such as establishing the Failure Score of the borrowing entity with DB and running KYC and AML checks for all directors or shareholders with a shareholding of 25% or more in the borrowing entity with Experian. The same stringent controls are performed on the property. In fact, each property listed on our platform is accompanied by a valuation report summary, which includes key information to help you make a sound investment decision.