NACFB Expo, we’re ready, are you? 

Welcome to Hodge’s Commercial Lending blog for May. This month Gareth Davies, head of business development for Commercial Lending talks about the upcoming NACFB Commercial Finance Expo taking place on Wednesday 14^th June at the NEC Birmingham.

Being the UK’s largest trade show for commercial finance intermediaries, it’s like Glastonbury for commercial finance brokers and lenders, just a bit less mud!  

The NACFB Commercial Finance Expo is a highlight event for us in the commercial lending calendar. At Hodge, we build our business ethos around the strong relationships we have with our customers and brokers, and exhibiting at the NACFB gives us a great opportunity to catch up with hundreds of brokers and lenders. 

After a busy 12 months, we’re especially excited to exhibit this year and tell you about the new product offerings we’ve added to our development and investment finance range since the last event. We’ve also expanded the team, adding even more expertise and enabling us to support more brokers and clients.  

Since 2022's NACFB Expo... 

FAQs: what you need to know 

At last year’s NACFB Expo, we had lots of insightful conversations with you about the commercial lending industry, latest news and key developments. To refresh the memory, or if it’s your first time at the NACFB Expo, here were some of the questions the Hodge Commercial Lending team were most frequently asked at 2022’s event. 

Q – I thought you just did equity release mortgages at Hodge? 
A – Hodge was a founding member of the Equity Release trade body, and we launched the first plan in 1965. In 2021 we moved away from equity release mortgages but remain a specialist lender for regulated mortgages but also provide unregulated mortgage products. Our commercial lending offering is built around bespoke bridging, development and investment finance options to support both property investment and development clients and brokers.

Q – I didn’t know Hodge offered Development Finance? 
A – Yes, this is a fundamental plank of our growth strategy and we can fund developments in England, Scotland and Wales across multiple asset classes up to a maximum of £10m.  The majority of our development finance is residential although we also fund commercial (including offices, industrial, and retail) with a pre-let or pre-sale. In addition, we can provide  Stretch Senior Finance, providing access to additional leverage alongside a Hodge development facility as well as acquisition and refurbishment bridge finance. 
 
More details about our Development Finance and Stretch Senior products can be found here 

Q - Do you fund mixed use/semi-commercial assets? 
A – Yes, we can fund the development and investment of mixed-use properties.  
We offer lending up to a maximum of £10m and via our mixed-use investment product we can leverage to a maximum of 65% LTV for a term of  up to a term of 10 years. 
 
Find out more about our Mixed Use Finance option here 
 

Q - If I utilise a Hodge development finance facility, can I convert this to longer term investment finance? 
A – Absolutely, we would welcome the opportunity to convert your development facility to longer term investment finance and can consider this across residential, commercial and mixed-use properties.  
 
More details on our investment finance products can be found here: 
Residential Investment Finance 
Commercial Investment Finance 
Mixed Use Finance  
 

Q - Does Hodge provide Bridging Finance? 
A – Yes. We’re not aiming to be a large bridging fundert but we have several complementary bridging finance products that provide developers/investors with the opportunity to purchase land or property, with or without planning consent prior to developing out a scheme or refurbishing an existing property. 
 
Find out more here: 
Acquisition Bridge Finance - Sales Bridge Finance - Refurbishment Bridge Finance  
 
Q – There appears to be limited appetite for lending on commercial investment assets – does Hodge provide commercial investment finance?  
A – We do, and we are thoroughly looking forward to talking about our updated product criteria with you at the NACFB Expo in June.  
 
You can find out more out our Commercial Investment Finance product here 
 

Come and find us!  

If you’re attending the NACFB Expo next month, please stop by for a chat to discuss how we can support you or your clients with your next project - you’ll find us on stand F30 from 9am to 4:30pm. 

We’re excited to fast forward to June 14^th. But if that’s not far enough into the future for you, take a peek into the outlook for the next seven months in our ‘Commercial lending investment trends of 2023’ blog. 

If you’d like to speak to us before then please get in touch with the commercial lending team or email us at [email protected] or [email protected]