Zorin Finance
A property lender backed by funds managed by Avenue Capital Group, writing £5m to £150m of development finance from five per cent over base and investment loans from 3.95 per cent.
What they do
Zorin Finance lends to UK special purpose vehicles against development schemes and investment property, funded by Avenue Capital-managed money and institutional lines reported at £200m. Development finance is priced from five per cent over Bank of England base with a one per cent arrangement fee rolled into the facility, a one per cent exit fee and interest payable on exit rather than serviced. Investment loans start from 3.95 per cent over base. Facilities run from £5m to £150m, sized on gross development value and cost.
Where they fit in a lower-mid-market raise
Published margins on both products make this straightforward to compare against a bank, and rolled interest with payment on exit preserves cash through a build programme, which is what a build programme demands. The £5m floor sits inside a £3–15m requirement, so a mid-sized scheme is properly served rather than treated as too small.
Where they are not the fit
The floor of £5m rules out smaller requirements, and the borrower must be a UK special purpose vehicle, with non-UK vehicles subject to legal review. Operating companies cannot borrow here. A development track record, clean credit history and a clear exit are all required.
Published terms
- Pricing
- Development finance from 5.00% + BOE, 1% arrangement fee (rolled), exit fee from 1%, interest payable on exit. Investment loans from 3.95% + BOE
- Speed to terms
- Not published
- Sponsored or sponsorless
- Property developers/investors lending via UK SPVs, requisite track record required; not corporate/LBO sponsor lending
- Where they lend
- UK (platform also references The Netherlands); model GB
- How they decide
- Private Avenue Capital-backed lender; no published delegated authority or an investment committee cadence
- 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
Zorin Finance lends through 2 separate books. Which one reads a deal decides the security, the covenant package and the band, so the question is rarely whether Zorin Finance lends, but which of these would own it.
Development finance
- Facility
- £5m to £150m
- Security
- First charge over UK real estate held in a UK SPV; up to 90% LTC or up to 75% loan to gross development value
- Funds
- Growth
- Rules out
- Bankruptcies or outstanding CCJs or poor credit; No requisite development track record; Non-property or operating-company lending; Borrower not a UK SPV (non-UK SPV subject to legal review)
Investment loans
- Facility
- £5m to £150m
- Security
- First charge over stabilised/income UK real estate in a UK SPV; max 75% loan to value (60-75% by asset class), loan to value on investment value
- Funds
- Refinance
- Rules out
- Non-property or operating-company lending; Borrower not a UK SPV (or FSMA-exempt UK individual); No clear exit strategy
Limits that apply across the firm
Stated limits, taken from Zorin Finance’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 owner-occupied residential
How they sit against the category
- Its published ceiling of £150m is among the 2 highest of the 75 property-backed lenders here.
- It starts higher than all but 4 of them, at £5m.
- 65 of the 75 publish an indicative price at all; it is one of them.
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 Zorin Finance write?
Published facilities run £5m to £150m. A band is what a lender states it will do, not what it will do on a given credit.
Does Zorin Finance lend to search funds or ETA buyers?
Not on the published evidence. Zorin Finance 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.
On the record
2025: £25m Devon residential development loan; £40m commercial investment portfolio (seed brief.
Sources: zorinfinance.com · developmentfinancetoday.co.uk · mpamag.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.