This week sees the launch of a new venture that specialises in arranging private finance facilities in excess of £1 million – MillionPlus Private Finance.
The new brand, a division of largemortgageloans.com, has been set up by private finance expert Paul Welch to advise international entrepreneurs, business leaders and professionals and their families across all asset classes, including aviation, marine and property finance.
MillionPlus Private Finance is a specialist private finance consultancy, combining credit structuring and private banking expertise to help clients optimise the financing of their most valuable assets, including yachts, jets, art and property. Its clients already include foreign nationals, British expatriates, UK residents earning in foreign currencies and non-domiciled UK residents.
Founder of MillionPlus Private Finance Paul Welch comments:
“As an independent private financier, we benchmark private banks and carefully select the appropriate facilities for clients’ specific needs. We have established global relationships in more than 50 countries with private banks, boutique lenders and private investors who have an appetite to lend at this level.
“Clients and their advisers are successfully taking advantage of our specialist expertise in mezzanine finance, debt restructuring, securities based lending, structured finance facilities, offshore structures, SPVs, trusts and foundations.”
Three leading UK-based entrepreneurs – Jon Moulton, Neil Redcliffe and Alan Burgess – have an interest in MillionPlus Private Finance, having invested in largemortgageloans.com Limited (of which MillionPlus Private Finance is a trading name) backing the brand in its plans to build a global business that offers tailored finance solutions for successful entrepreneurs and professionals.
ENDS
Notes to Editors
MillionPlus Private Finance is a specialist private finance consultancy, which combines financial planning and private banking expertise to help clients who are looking to borrow in excess of £1 million to finance all asset classes. It can arrange private finance for clients in over 50 countries around the world.
The highly qualified and experienced MillionPlus Private Finance team have specialised in this sector for 10 years, building an extensive network of global relationships with private banks, managing enquiries of over £2 billion of private finance in 2012 for some of the world’s most affluent individuals.
MillionPlus Private Finance is a trading name of largemortgageloans.com Limited (managing director Paul Welch) whose profile and reputation has been greatly enhanced by winning the Large Loans Broker category at the British Mortgage Awards in 2009, 2010 and 2012, the first broker to do so, as well as the Specialist Broker / Distributor category at the Mortgage Strategy Awards 2013.
Investor Backing
Three leading UK-based entrepreneurs have an interest in MillionPlus Private Finance, having invested in largemortgageloans.com Limited (of which MillionPlus Private Finance is a trading name) backing the brand in its plans to build a global business that offers tailored residential and commercial finance solutions for successful entrepreneurs and professionals.
Jon Moulton (Investor)
Chairman of Better Capital LLP, the quoted private equity fund. Previously at Citicorp Venture, Schroder Ventures (now Permira), Apax Partners, and Alchemy. He is Non-Executive Chairman of FinnCap, the stockbroker.
Eric Cater (Chairman & Investor)
Trained as a Chartered Secretary and Corporate Treasurer, Eric then moved to the Venture Capital sector. Eric formed Alchemy Partners for Jon Moulton and is currently assisting Jon in Better Capital LLP.
Neil Redcliffe (Investor)
Group Managing Director of Currencies Direct. He holds an MBA from the Cranfield School of Management, is an Alderman in the City of London and is an expert in property development.
Alan Burgess (Investor)
Alan has built Masterframe Windows Ltd into the UK’s leading PVCu sash window manufacturer and sits on the boards of the GGF, FENSA and BFRC.
Full list of MillionPlus Private Finance’s Services
Residential Property Private Finance, Investment Property Private Finance, Commercial Property Private Finance, Aviation Private Finance, Marine Private Finance, Bridging Private Finance, International Private Finance, Expat Private Finance, Offshore Private Finance, Offset Private Finance
YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT
Changes in the exchange rate may increase the sterling equivalent of your debt. The Financial Services Authority does not regulate finance, foreign currency mortgages, bridging finance, secured loans, and some aspects of commercial mortgages
MillionPlus Private Finance is a trading name of largemortgageloans.com Ltd. largemortgageloans.com Ltd, 12 Pepper Street, London, E14 9QY, is authorised and regulated by the Financial Services Authority. The Financial Services Authority does not regulate commercial mortgages, some aspects of buy to let mortgages, overseas mortgages and tax advice. largemortgageloans.com Ltd Registered in England and Wales No: 5070990 Registered Address: Bridge House, London Bridge, London, SE1 9QR.
