Funding 365
An underwriter-led bridging lender now owned by Balbec Capital, quoting credit-backed terms in about an hour, from 0.64 per cent a month on facilities to £5m.
What they do
Funding 365 lends against residential, commercial and refurbishment security in England, Wales and Northern Ireland, funded by Balbec Capital's investment funds and a £300m facility from a global investment bank added on acquisition in 2026. Bridging is priced from 0.64 per cent a month, with a stepped product from 0.39 per cent for the first six months, development from 0.93 per cent with a one per cent exit fee, and a specialist buy-to-let range from 7.49 per cent. Cases are quoted by underwriters rather than salespeople, with credit-backed terms in about an hour.
Where they fit in a lower-mid-market raise
Terms quoted by the person who will underwrite the loan, within the hour, is the difference between a bridging quote that survives to completion and one that does not. Northern Ireland coverage is unusual. Bridging is where the capacity sits, and larger cases are considered individually above the standard ceiling.
Where they are not the fit
Development is hard-capped at £1.5m and fifteen units, well below lower-mid-market scale, and bridging at £5m. Scotland is excluded, as are second charges, regulated lending, and vacant or contaminated property. Works on refurbishment cases cap at 40 per cent of day-one value.
Published terms
- Pricing
- Bridging from 0.64% pm (64 bps); stepped-rate bridge from 0.39% pm for first 6 months; development from 0.93% pm plus 1% exit fee; specialist BTL 7.49-9.99% pa. Rates cut to ~0.64% pm floor in Sept 2025
- Speed to terms
- Not published
- Sponsored or sponsorless
- Lends to individuals, SMEs, and limited companies; no sponsor-backed private equity appetite stated
- Where they lend
- England, Wales, and Northern Ireland. Scotland excluded. Post-Balbec expansion ambitions stated but not yet product-level confirmed
- How they decide
- Underwriter-led (not sales-led); credit-backed terms quoted in one hour per website. No external BDMs published; submissions via broker/intermediary channel
- Search funds and ETA
- No published route for search-fund or first-time acquirer borrowers
As published by the lender and last reviewed August 2026. Terms quoted on a deal are set by the credit, not by a published band.
The desks that lend
Funding 365 lends through 6 separate books. Which one reads a deal decides the security, the covenant package and the band, so the question is rarely whether Funding 365 lends, but which of these would own it.
Residential bridging
- Facility
- £100k to £5m
- Security
- First charge only; residential property England, Wales and Northern Ireland (Northern Ireland capped at £2m, 65% loan to value)
- Funds
- Acquisition · Refinance
- Rules out
- No second charge; Unregulated only; Scotland excluded
Light refurbishment bridge
- Facility
- £100k to £5m
- Security
- First charge; up to 75% loan to value net day one with rolled interest; works up to 40% of day-one OMV; England and Wales only
- Funds
- Growth · Refinance
- Rules out
- England & Wales only; No second charge; Works cap 40% day-one OMV
Heavy refurbishment bridge
- Facility
- £100k to £5m
- Security
- First charge; up to 75% loan to value or 65% loan to gross development value; works up to 150% of day-one OMV; England and Wales only
- Funds
- Growth · Refinance
- Rules out
- England & Wales only; No second charge
Commercial bridge
- Facility
- £200k to £2m
- Security
- First charge commercial property; up to 65% loan to value; England and Wales only; UK nationals or limited companies only
- Funds
- Acquisition · Growth · Refinance
- Rules out
- England & Wales only; No second charge; No vacant or contaminated property
Development finance
- Facility
- £250k to £1.5m
- Security
- First charge; up to 75% loan to value or 65% loan to gross development value or 85% LTC; residential ground-up and part-completed up to 15 units; England and Wales only; term up to 18 months; 1% exit fee
- Funds
- Growth
- Rules out
- England & Wales only; Max 15 units; Max £1.5m facility; No second charge
Specialist buy-to-let (3-5 year)
- Facility
- £100k to £5m
- Security
- First charge; residential BTL including HMO and holiday let; England, Wales and Northern Ireland
- Funds
- Acquisition · Refinance
- Rules out
- Scotland excluded; No second charge; Unregulated only
Limits that apply across the firm
Stated limits, taken from Funding 365’s own published criteria, beyond the ones each desk carries above. A limit is where a lender starts from, not where it always ends: several of these move on a strong enough credit.
- No appetite in contaminated land, out: contaminated land, vacant property or vacant property.
How they sit against the category
- Its published ceiling is £5m; 67 of the 75 property-backed lenders here go at least as high.
- 65 of the 75 publish an indicative price at all; it is one of them.
- It lends through 6 distinct desks, where most firms here run one or two.
Counted across the 75 property-backed lenders in this directory, on what each one publishes. What a lender discloses and what it will do are different things.
Questions this page answers
How large a facility does Funding 365 write?
Published facilities reach £5m, and the bottom of the published range is small-ticket business rather than a corporate facility. A band is what a lender states it will do, not what it will do on a given credit.
Does Funding 365 lend to search funds or ETA buyers?
Not on the published evidence. Funding 365 publishes no route for search-fund or first-time acquirer borrowers. A searcher's route to a lender usually runs through the quality of the target and the equity behind it.
Where does Funding 365 lend?
England, Wales, and Northern Ireland. Scotland excluded. Post-Balbec expansion ambitions stated but not yet product-level confirmed.
On the record
2025: £6.5m development exit bridging loan (funding-365.com/news.
Sources: funding-365.com
This profile is a curated reference note drawn from public sources, not financial advice or a recommendation. Appetite and terms change; a lender's fit for a given credit is established by approaching it, not inferred from a page.