• Secured Bridging Loan Application
    Please complete all required fields. We cannot proceed until all required information has been provided.
  • THE APPLICANT
  • Who is applying?*
  • Type of Borrowing Entity*

  • Trust borrowers: please contact us directly rather than completing this form.

  • Corporate Applicant
  • Individual / Sole Trader / Landlord or Partnership Applicant

  • Individual 1

  • Individual 2

  • Individual 3

  • DIRECTORS, SHAREHOLDERS AND ULTIMATE BENEFICIAL OWNERS
    Ownership must be traceable to the individual ultimate beneficial owners. Where a shareholder is itself a company, list its owners and upload a group structure chart below.
  • Directors
  • Directors / designated members / officers
  • Do any directors have an interest in this transaction other than solely in their capacity as a director of the applicant?*

  • Any interest requiring disclosure under section 177 Companies Act 2006 must be declared to the other directors before the company enters into the transaction.

  • Shareholders and Members
  • Shareholders / members
  • Ultimate Beneficial Owners
  • Ultimate beneficial owners
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  • SECURITY PROPERTY
  • Security properties*
  • Does the borrower, or any person related to the borrower, occupy or intend to occupy any part of any security property as a dwelling?*

  • Related persons include directors, shareholders, ultimate beneficial owners, guarantors, third party chargors and members of their families. Facilities are not available where the borrower or a related person occupies, or intends to occupy, the security property. Any Yes answer will be reviewed before we proceed.

  • LOAN REQUESTED
  • Purpose of the loan*
  • Loan amount required*
  • Date completion is required by*
     - -
    2 digit day, 2 digit month, 4 digit year
  • Is that date driven by a contractual deadline?*

  • e.g. exchange, auction completion or redemption deadline

  • Primary exit route*
  • THIRD PARTY SECURITY
  • Is any security being given by someone who is not the borrower?*

  • This includes any security property not owned by the borrower.

  • Third party security providers
  • NOTICE DETAILS
  • Borrower Key Contact
  • Borrower's Solicitor
  • Guarantor's Details
  • Will a guarantee be given in support of this loan?*

  • Guarantor's solicitor

  • The guarantor must take independent legal advice from a solicitor who is not acting for the borrower. These details are required so that the independent legal advice can be arranged.

  • Third Party Chargor's Solicitor

  • Each third party security provider must take independent legal advice from a solicitor who is not acting for the borrower. These details are required so that the independent legal advice can be arranged.

  • ADVERSE CREDIT AND MATERIAL MATTERS
  • Has the applicant, or any director, partner, member, shareholder, ultimate beneficial owner or proposed guarantor, ever been subject to any of the following?*

  • County court judgment, default or arrears; bankruptcy, IVA or other arrangement with creditors; directorship of a company that entered administration, liquidation, receivership or a CVA; repossession, enforcement, or a winding-up or bankruptcy petition; a criminal conviction (other than spent convictions or minor motoring offences); or a regulatory or disciplinary investigation. WSP lends on a non-status basis and adverse credit will not automatically prevent an application, but it must be disclosed.

  • ANY OTHER INFORMATION
  • DECLARATION AND SIGNING

  • In these declarations "Churchbridge" means Churchbridge Capital Limited and "WSP" means WSP Capital Ltd, the lender. Please read the following declarations carefully.

    • Business purposes. The applicant is entering into this facility wholly or predominantly for the purposes of a business carried on, or intended to be carried on, by the applicant. I understand that two separate statutory declarations to this effect, one under Articles 60C and 60O and one under Article 61A(3) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, must be signed before drawdown.
    • No consumer protection. I understand this facility is not a regulated mortgage contract or a regulated credit agreement, and that the protections and remedies of the Financial Services and Markets Act 2000 and the Consumer Credit Act 1974 do not apply.
    • Accuracy. Everything in this form and in the documents supplied with it is true, accurate and complete. Nothing has been omitted which, if disclosed, would change the view of Churchbridge or WSP. I will notify Churchbridge and WSP immediately if anything changes before drawdown.
    • Consequences of inaccuracy. If any information proves incorrect, misleading or materially incomplete, WSP may withdraw the offer, the Loan Processing Fee becomes non-refundable, and the Commitment Preservation Fee becomes immediately payable and accrues interest at the Standard Rate.
    • Intermediary and packager fees. I understand Churchbridge is connected to WSP by common ownership and directorship, that the packager remuneration and the financial intermediary fee have been disclosed before commitment, and that neither has influenced WSP's underwriting, pricing or decision to lend. I consent to their payment from the facility.
    • Credit searches. I consent to Churchbridge and WSP carrying out credit searches and consulting credit agencies in respect of the applicant and its directors, both now and at any time during the term of the facility.
    • Anti-money laundering. Each obligor has conducted its business in compliance with the Bribery Act 2010, the Proceeds of Crime Act 2002 and the Money Laundering Regulations 2017, and no part of the funds used to repay this facility will be the proceeds of crime.
    • Disclosure to funders. I consent to Churchbridge and WSP disclosing information about this transaction to WSP's funding partners and investors on a confidential basis.
    • Data protection. I consent to Churchbridge and WSP processing the personal data in this form for the purpose of assessing, arranging and administering this facility, and confirm I have the authority of every individual named to provide their details.
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