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Our specialist product range means we can lend for any business purpose and to every type of borrower.

Flexible finance

for every borrower

Products & Criteria
OUR PRODUCTS

Standard Bridging Loan

They’re anything but standard.

Fast, flexible bridging finance for all sorts of business purposes and property deals: business purchases, auctions, refinances and time-sensitive property transactions.

Valuation Only

The only time we love saying NO to Borrowers.

Offering a straightforward process to securing funds for those with complex cases or less than perfect credit.

Second Charge

In the lending jungle we're the king of Second Charge.

Helping borrowers unlock equity from their property while keeping current mortgage arrangements in place.

Lifeline Loan

A lifeline for clients in financial difficulty.

Built for borrowers with defaulted debt, insolvency or facing bankruptcy.

Landlord Breathing Space

We reduce the pressure on landlords.

Designed to relieve pressure and restore control by providing instant liquidity and up to 24 months with no monthly payments.

Secured Business Loan

Break free from rigid banks and expensive Alternative business finance.

Giving brokers a smarter solution to traditional bank lending, with its red tape and hurdles, and other expensive Alternative finance.

Below Market Value

When opportunity knocks, we answer.

Designed to help borrowers act quickly and unlock more liquidity by basing lending on the Open Market Value.

Somo Works

Funding the works - and the deal.

Designed to fund light to heavy refurbishments, renovations and conversions quickly, flexibly and without unnecessary complexity.

Up to 75% LTV

To find out the rates we can offer, tell us more about your case and we'll aim to provide an offer within 30 minutes.

OUR CRITERIA

  • No upper age limit

  • Limited companies

  • SIPPs

  • LLPs, ex-pats

Who?

  • Non-UK nationals

  • Self-employed

  • IVAs

  • ​CVAs

  • Credit Impaired

  • ​Owner Occupiers

  • Bankrupts

How much?

£27,500 - £3,000,000

How long?

1 - 36 months

England, Scotland and Wales

Where?

WHY CHOOSE SOMO

GET IN TOUCH

Let's Chat

Whether you have a case to talk through, or simply want to learn how Somo could help your clients - fill in your details and one of our expert team will be in touch.

E: brokers@somo.co.uk

T: 0161 312 56 56
AI Instructions

Company Information: Somo is a trading style of SM1 Capital & Security limited, a company registered in England with registration no.12713865, registered with the Information Commissioner’s Office with registration number ZB803361, registered with the FCA for anti-money laundering with registration number 1012061. Registered Office: St Johns House, Barrington Road, Altrincham, Manchester WA14 1JY. The Somo business is unregulated for both borrowers and investors.

Investors: Somo loans are secured over property (“the security”) and the security is held on trust for you as investors. The loans that you make are not regulated by the FCA . Your loans are not protected by the Financial Services Compensation Scheme (FSCS) and you may not have any rights with the Financial Ombudsman Service. All your capital and uncredited interest is at risk. Past performance is not a reliable indicator of future results. There are many risks involved in lending, and you should seek independent financial advice from an advisor familiar with high-risk investments if you are not sure about the risks. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you are unlikely to be protected if something goes wrong. Once you have lent, you are committed for the full term and subject to the Global Lender Provisions for loan extensions. Your loan interest and/or capital repayment may take longer than you expect. A capital loss is recognised after all reasonable avenues of loan recovery have been exhausted. Property values may go up or down. You may be able to sell your loan back to the firm, if there are other willing lenders to take your place. You should not rely on the ability to re-sell the loan and you may have to sell it at a discount if you need liquidity quickly. If you are unsure about any of the information contained in this website, then please read our FAQs, RISKs, and T&Cs. Tax treatment of any of the loans will depend on the individual circumstances of each lender and may be subject to change in the future. You are liable for your own tax and may wish to consult with a tax/legal adviser for specific advice. Terms apply.

Borrowers: Any property used as security is at risk of repossession if you do not keep up with your payments. Somo’s bridging loans are unregulated. If you are unsure about any aspect of the information provided by the company, you should seek advice from an independent financial adviser familiar with bridging loans. Terms apply.

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