FAQs
Working with Seneca
We help brokers get complex deals approved quickly through senior-led, flexible underwriting.
With over 20 years’ experience in bridging finance, we act as an extension of your service. Our senior decision-makers assess every deal in-house, allowing us to move quickly and structure solutions where other lenders may decline. The result is a smoother process, clearer communication, and better outcomes for your client.
We combine speed with experienced, hands-on decision-making.
Unlike high-volume lenders, we don’t rely on rigid criteria or automated systems. Our directors are directly involved in underwriting, enabling us to take a common-sense view of each case and support more complex or time-sensitive transactions.
No – every broker is valued regardless of deal volume.
Whether you place one deal per year or operate at scale, you’ll receive the same high level of service. Many of our strongest relationships started with a single transaction.
A dedicated, experienced contact will manage your deal from start to finish.
You’ll work with a Business Development Manager who remains your single point of contact, ensuring consistency, speed, and accountability throughout the transaction.
No – we provide unregulated loans for business and commercial purposes.
Our lending focuses on non-regulated bridging finance, typically secured against property not used as a primary residence. This allows us to operate more flexibly and respond faster than regulated lenders.
Yes – all lending decisions are made by experienced senior directors internally.
This eliminates delays associated with external credit committees and allows for a more nuanced, experience-led approach to underwriting.
We assess the full deal, not just credit scores or rigid criteria.
Our underwriting considers the borrower, asset, and exit strategy together. This manual, experience-based approach allows us to support deals that fall outside traditional lending models.
Yes – we regularly fund both straightforward and complex transactions.
Our case studies demonstrate real examples of how we structure and deliver funding across a wide range of scenarios, including time-critical and previously declined deals.
Call us on 01942 295 982 or email us at enquiries@senecabridging.co.uk with key details and we can often respond the same day.
Providing basic information such as loan amount, property details, and exit strategy allows us to give a fast, informed indication—often within hours.
Application Process
A quick, no-obligation review of your deal to check feasibility.
We assess the property, loan requirement, borrower experience, and exit strategy to give a clear initial view—saving time before progressing further.
Yes – where the overall deal is strong and issues are explainable.
We regularly support borrowers with minor credit issues, focusing on the strength of the asset and exit strategy rather than relying solely on credit history.
Yes – we actively lend to UK-registered companies and SPVs.
We assess both the company structure and the individuals behind it to ensure the deal is viable.
An independent RICS-certified valuer from our panel.
The borrower pays for the valuation upfront, ensuring an objective and professional assessment of the property.
An independent monitoring surveyor (Quantity Surveyor).
The QS assesses project costs, progress, and viability, providing independent oversight throughout the development.
Yes – we can use one firm acting for both parties.
This can reduce delays, simplify communication, and potentially lower costs, while maintaining a smooth legal process.
Faster, simpler, and often more cost-effective legal processing.
With one firm involved, duplication is reduced and the transaction can progress more efficiently.
Yes – for corporate borrowers.
This provides additional security over the company’s assets as part of the loan structure.
Yes – for corporate borrowers.
Guarantees are typically required from directors and key shareholders to align interests and strengthen the loan structure.
Typically within 24–48 hours after legal completion.
Speed depends on how quickly due diligence and legal processes are completed, but we prioritise fast execution.
Bridging Finance
We can meet standard 28-day auction deadlines.
We provide rapid decisions and work closely with solicitors to ensure completion within required timeframes.
Refinancing an existing bridging loan to extend time for exit.
This allows borrowers to avoid forced sales and achieve better outcomes where delays occur.
Yes – for business purposes with sufficient equity.
Yes – funds can be used for broader business purposes.
Yes – for experienced borrowers with unencumbered portfolios. Find out more about our Revolving Credit Facility.
Yes – we are comfortable with mixed-use assets.
Yes – including offices, retail, and industrial assets.
Yes – on a case-by-case basis, typically with planning permission.
Yes – it can provide fast liquidity to settle IHT liabilities. Find out more about our Probate Bridging Finance.
No – we specialise in short-term bridging finance.
Development Finance
Yes – with the right team and viable project.
Refurbishments, conversions, and new builds.
In stages based on verified progress.
Yes – it can be structured into one facility.
No – smaller projects may allow self-certification.
Yes – both purchase and conversion.
Experience improves terms, but strong first-time cases are considered.
Yes – for experienced developers.
The borrower must cover any shortfall.
We may consider extensions, subject to review.
Sometimes – on a case-by-case basis.
Borrowing From Seneca
Yes – during the minimum term only.
Yes – interest can be deferred to the end.
Yes – for the agreed term.
We may offer extensions if discussed early.
Yes – all clearly disclosed upfront.
Yes – if there is sufficient equity and evidence of sale.
Yes – it is typically rolled into the facility.
Your loan manager and operations team remain available.
Call us directly on 01942 295 982 for a fast, clear answer.