The brief Our solution Underwriter quote Given the extensive nature of the redevelopment, a lengthy loan term was required to ensure a timely exit from the loan. We designed a 15 month package with four further drawdowns of £387,151, with no costly exit fees for early completion. The client required funding to support the conversion of a dilapidated light industrial unit in London, England, into 4 houses. We don't add the hidden costs that other lenders do, which is part of the reason that the client was so happy with this deal. If they repay the loan early, they'll have their interest rebated to the day. We look forward to working with them in the future BACK TO PROJECTS £625,000 50% LTV 0.69% PER MONTH CONVERSION OF A LIGHT INDUSTRIAL UNIT CASE STUDY

Funding 365s charity gallop raises over £1,250 Fast bridging lender Funding 365 hosted a competitive day at the races at Sandown Racecourse last week, to raise money for Rorys Nepal School Project. The charity is fundraising to re-build schools in remote Nepalese villages which are not yet recovered from the 2015 earthquake. With the help of Funding 365s broker partners and the team at Mortgage Introducer, the event raised over £1,250 for the charity. If you would like to find out more about Rorys Nepal School Project please follow the link here: http://uk.virginmoneygiving.com/team/Letsbuildschools Funding 365 Marketing Director, Laura Kendall comments,It was a great day out to celebrate our broker relationships and raise money for a great charity. We want to say a huge thank you to everyone who attended the event and helped us support such a fantastic cause.

FAQs A bridging loan is a short term loan (usually 3 - 24 months) which is secured against property. What is a bridging loan? Bridging loans are typically quicker to arrange than those from high street banks, so they are often used for buying at speed (such at auction). They ‘bridge the gap’, whilst longer term funding is being arranged or property is being sold. Other common uses for Funding 365’s bridging loans are refurbishing property, refinancing property development loans (often called ‘development exit’), enabling landlords to consolidate the funding across their property portfolio, and releasing working capital for businesses from their property portfolios. Bridging lenders are often able to be more flexible than high street lenders, so they can often assist those who are less experienced or have adverse credit. Bridging lenders can also provide funding against properties which may not initially be of a suitable standard (e.g. habitable) to qualify for a high street loan. What are bridging loans used for? A development loan is a short term loan used by property professionals to either build new property, or to make extensive changes to existing property (such as PDR schemes, property conversion or development finish and exit). Our light development product is for the latter. The main different in practice between a development loan and a bridging loan is that with a development loan the works are funded in tranches in arrears as the build progresses, rather than the entire loan provided fully up front as you would get with a bridging loan. What is a development loan? Put simply, unregulated loans are for business purposes and are secured against investment properties rather than a borrower’s main residence. For example, a landlord buying a buy-to-let property, a developer funding their build, or a business raising working capital. What is an ‘unregulated’ loan? A first legal charge is a principal loan on a property. The first charge lender takes precedence above any other lenders (such a second charge lender or mezzanine lender). What is a ‘first charge’ loan? We currently lend against most residential, semi-commercial and commercial properties in England and Wales. There are a few property types that we do not currently lend against, such as operating hotels, restaurants, bed and breakfasts, nightclubs, petrol stations, churches, farms and pubs (unless leased and operated by a nationally recognised company). What kinds of properties do Funding 365 lend against? All applicants are looked at on a case-by-case basis. The key borrowers to whom we lend are: •UK citizens aged 18 - 85 years; •Foreign nationals who reside in the UK and in some cases, those who reside abroad; •UK limited companies; •Pension funds such as SIPP and SSAS (commercial property only). Some exemptions apply. For more guidance, speak directly to an underwriter on 0800 689 0560 or underwriting@funding-365.com Who do Funding 365 lend to? We only charge an arrangement fee (typically 2%), plus valuation and legal fees at market rate. We do NOT charge any admin fees, exit fees or early redemption charges as standard on our bridging or light development loans. What fees will I need to pay for a Funding 365 loan? We can offer loans with serviced or retained interest. Serviced interest is paid monthly and retained interest is paid upon redemption. We can also work out a combination of the two to suit the borrower. What types of interest do Funding 365 offer? We only instruct RICS registered valuers from one of the surveying firms on our extensive valuation panel. We always require the surveyor to inspect the subject property. We can consider valuation retypes originally instructed by other lenders on a case-by-case basis. What types of valuations do Funding 365 instruct? Bridging loans typically take between two to four weeks to complete, but can be completed in just a few days depending on the complexity of the loan and how quickly the borrower requires the funds. At Funding 365 we control our funding in-house and our decision-makers are involved from the start, so there are no delays from our end. How quickly could I receive the funds? The underwriter who managed the loan completion will personally remain in contact with the borrower throughout the term of the loan. They will be able to provide a final redemption statement and answer any additional questions about how to repay the loan. How do I repay my loan? Yes, borrowers may pay back a Funding 365 at any time. All of our loans are subject to a 3 month minimum interest period, but after that we will rebate interest on a daily basis and we do not charge any early redemption charges on any bridging or development loans. Can I exit a Funding 365 loan early? We always require robust exit plans from our borrower before we deliver any funds, in order to try to avoid this. However, we appreciate that upon occasion, issues can occur. In the first instance we will always to try to work with our borrowers in order to find a mutually acceptable way forward. The more notice we can have, the better. What happens if I cannot repay on time? Unlike other short term lenders, our set up is not focused around a sales team but rather our decision-making underwriters. They manage each case from initial enquiry to completion (and beyond) for an outstanding, seamless and certain experience for our clients. This approach has earned us a number of industry awards, including most recently the Business Moneyfacts 2022 ‘Best Service from a Bridging Finance Provider’. We also have a 100% 5 star Google rating from our borrowers. How is Funding 365 different? If you have any other questions or for more information on the above, speak directly to one of Funding 365’s decision-making underwriters on 0800 69 650 or underwriting@funding-365.com

Funding 365 delivers £1.1million auction finance at 0.59pcm Funding 365 has completed yet another unregulated bridging loan at 0.59% per month, this time to enable a borrower to complete their auction purchase of a house in North London. The townhouse property was in good condition and tenanted, so Funding 365 was able to provide the fully-serviced 9 month loan at 60% LTV. The team at Funding 365 worked closely with the introducing broker, SPF Private Clients, to ensure that the client’s auction deadline was met with time to spare. Funding 365 does not charge exit fees or ERCs on any of its bridging loans. All products, rates and fees can be viewed at www.funding-365.com/products Funding 365 Senior Underwriter, Jonathan Brooks, comments, “We only advertise interest rates that we’re happy to write, so it’s very satisfying to be able to provide yet another borrower with our 0.59% per month interest rate. Thanks to Laura and Nancy at SPF Private Clients for introducing the deal and ensuring a smooth process.” Laura Toke, Broker at SPF Private Clients, adds, “I approached Funding 365 for this auction purchase as the client needed a loan of £1.1million and they were able to offer a really competitive rate of 0.59% per month. They only had a few weeks before the contractual completion date and I was really impressed at how quick and professional the team were to get the deal over the line within the auction timeframes. Funding 365 are a pleasure to deal with and I look forward to working with them in the future.”

CONSTRUCTION OF 6 HOUSES CASE STUDY £910,000 0.93% PM 44% LTV / 60% LTGDV / 79% LTC The brief Our solution Underwriter quote We discussed the case at length with the client and crafted a 15-month loan, complete with drawdowns totaling £775,000. This solution fit their needs perfectly and allowed them to begin work right away. Our client owned a plot of land in Bury St. Edmunds with planning permission to construct 6 semi-detached houses. They were in need of a facility that would allow them the time and resources to complete the project to a high standard. It's really satisfying to see our products used to expand the housing opportunities in areas outside of London. In this case, we're delivering 6 fantastic living spaces to a great part of the country. BACK TO PROJECTS BACK TO PROJECTS

Funding 365 slashes bridging rates to 0.59 percent residential and 0.69 percent commercial Fast bridging lender Funding 365 has today announced that it has reduced the starting interest rates for its residential bridging to 0.59% per month and commercial bridging to 0.69% per month. These pricing levels apply to loans up to 60% and 75% LTV respectively. Higher residential LTVs are available at a higher interest rate. Standard charges are a 2% arrangement fee plus valuation and legal fees at market rate, with no ERCs or exit fees. Funding 365’s core bridging loans can be used for the purposes of purchasing, refurbishing or refinancing properties, exiting development loans and short term cash flow for terms of up to 18 months. Accepted securities include a wide variety of residential investment, commercial and semi-commercial properties across England and Wales. Funding 365 Marketing Director, Laura Kendall comments, “Each of our loans is entirely bespoke, but we publish product guidelines in order to be as transparent as possible. Recently we found that we were writing terms with interest rates that were lower than our guides, so it was time for an overhaul of these to reflect our appetite.” Funding 365 Managing Director, Mike Strange adds, “These reduced rates solidify our position within the leading pack of bridging lenders in terms of price. In combination with our unique service and unparalleled speed we believe that this makes us the leading lender for bespoke bridging finance.”

Please read this cookie policy carefully before using our website (“Funding-365.com”, operated by Funding 365 ("us", 'we", "our"). What are cookies? ​ Cookies are simple text files that are stored on your computer or mobile device by a website’s server. Each cookie is unique to your web browser. It will contain some anonymous information such as a unique identifier, website’s domain name, and some digits and numbers. What types of cookies do we use? ​ Necessary cookies: Necessary cookies allow us to offer you the best possible experience when accessing and navigating through our website and using its features. For example, these cookies let us recognize that you have created an account and have logged into that account. ​ Functionality cookies: Functionality cookies let us operate the site in accordance with the choices you make. For example, we will recognize your username and remember how you customized the site during future visits. ​ Analytical cookies: These cookies enable us to collect aggregated data for statistical purposes on how our visitors use the website. These cookies do not contain personal information such as names and email addresses and are used to help us improve your user experience of the website. ​ How to delete cookies? If you want to restrict or block the cookies that are set by our website, you can do so through your browser setting. Alternatively, you can visit www.internetcookies.com , which contains comprehensive information on how to do this on a wide variety of browsers and devices. You will find general information about cookies and details on how to delete cookies from your device. Contacting us If you have any questions about this policy or our use of cookies, please contact us . COOKIE POLICY

The brief Our solution Underwriter quote Working around the clock with all parties, our team managed to deliver a solution the day before the deadline, saving the borrower from paying an additional month of interest on their prior borrowing. We provided a 75% LTV at a rate of 0.69%, with a 9 month loan term. This ensured a healthy profit margin for the client and ample time to sell every unit. The client, in danger of exceeding their current loan term, required urgent refinancing for 50 newly-converted apartments in Peterborough, England. The flats, which had served as an office block prior to the development project, are located in the heart of Peterborough. Despite the prime location of the assets, this was a particularly challenging brief given the multiple development funding lines that needed refinancing and the serious time constraints at play. Peterborough is going through an exciting period of regeneration and we’re pleased to have had the opportunity to contribute to its growth. Completing a complex loan like this is incredibly satisfying. Credit to the borrower, Pilot Fish Finance and all of the solicitors for their parts in helping to ensure that it completed so smoothly. Funding 365 worked in collaboration with us and our client to deliver this complex deal. We were impressed by their pragmatic and flexible approach to dealing with legal issues as and when they arose and we were delighted to get this deal over the line on time, with their support. Broker quote BACK TO PROJECTS BACK TO PROJECTS £7.2 MILLION 75% LTV 0.69% PER MONTH DEVELOPMENT EXIT: 50 APARTMENTS IN PETERBOROUGH CASE STUDY

RESIDENTIAL BRIDGE RESIDENTIAL BRIDGE RESIDENTIAL BRIDGE From 0.84% up to 65% LTV From 0.89% up to 75% LTV 1 INTEREST RATES £100,000 to £10,000,000 2 LOAN SIZES LOAN TERMS 3 to 24 months LOCATIONS Across England and Wales INTEREST RATE From 0.59% up to 60% LTV From 0.69% up to 75% LTV Interest can be paid monthly (in full or in part) or retained upfront LOAN SIZES £100,000 to £10,000,000 Larger loans considered upon application LOCATIONS Across England and Wales LOAN TERMS 3 to 24 months KEY INFORMATION Swipe across for key product information From 0.74% pm up to 65% LTV From 0.79% pm up to 70% LTV From 0.84% pm up to 75% LTV £200,000 to £5 million loan size Up to 24 months loan term Example uses: Property purchase (including at auction) Development exit Refurbishment Portfolio consolidation Permitted securities: Unregulated residential properties HMOs Buy to lets Student accommodation Holiday lets with no title restrictions Across England and Wales INTEREST RATES LOAN SIZES LOAN TERMS LOCATIONS 3 to 24 months Across England and Wales £200,000 to £5,000,000 2 From 0.74% up to 65% LTV From 0.79% up to 70% LTV From 0.84% up to 75% LTV 1 (1.5% broker commission) (2% broker commission) From 0.79% up to 65% LTV From 0.84% up to 70% LTV From 0.89% up to 75% LTV (2% broker commission) LOAN SIZES £100,000 to £10,000,000 3 LOAN TERMS LOCATIONS 3 to 24 months Across England and Wales LOAN USES FEES & CHARGES Buying or refinancing residential investment property Development exit and marketing Short term cash flow requirements Arrangement fee: 2% Broker commission: From 1.5% (taken from the arrangement fee) Exit fee: None Early Repayment Charge: None (interest rebated on a daily basis for loans repaid after the 3rd month) Legal fees: At market rate, provided upon application 5 Valuation fee: At market rate, provided upon application 4 Property refurbishment permitted 3 Permitted securities: Unregulated residential properties, HMOs, buy to lets, student accommodation, holiday lets with no title restriction Land with or without planning Properties with adverse environmental conditions Farms or agricultural properties First charge unregulated loans across England & Wales Residential short lease properties considered Adverse credit history considered Semi commercial properties considered This does not constitute an offer of financing. Heads of Terms and Loan Agreements will be provided by Funding 365 Limited on a case-by-case basis. Funding 365 Limited reserves the right to amend, suspend or terminate this product at any time and without notice. YOUR PROPERTY MAY BE AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. Owner occupied properties PRODUCT CHARACTERISTICS PROHIBITED USES 1. Reduction in interest rates are available for larger loans on a case by case basis. Pricing indicated for retained interest only. | 2. Smaller and larger loans considered upon application. | 3. Light property refurbishment where the works do not exceed 40% of the day one market value and works are funded by the borrower. | 4. Valuation fee is required up front. | 5. Legal fees will be deducted from the loan amount. Your lawyer will be required to provide our lawyer with an undertaking to pay all legal fees in full. Upon redemption of the loan a fee of £500 will be applied for the removal of the legal charge from the property. Adverse credit history considered DOWNLOAD PDF PRODUCT SHEET

CONSTRUCTION OF 3 BUNGALOWS CASE STUDY £550,000 0.77% PM 50% LTV / 49% LTGDV / 79% LTC The brief Our solution Underwriter quote The underwriter on the case crafted a 15-month facility with further advances totaling £330,000. The length of the term ensures the client has ample time to build, market, and sell the properties. Our client had purchased a plot of land with planning for 3 bungalows in Ipswich and needed a development facility to begin works. It was great to drill down into the logistics of the case and find an efficient way forward. There's growing demand for property in this area, so it's great to be able to greenlight a project that will help in meeting this demand. BACK TO PROJECTS BACK TO PROJECTS

The brief Our solution Underwriter comment Given the client's past CCJ's, we were keen to craft a low-risk solution. As such, we crafted an 18 month loan to ensure that they had ample time to complete and sell the properties. With interest rebated by the day, the borrower could exit early without incurring any early exit charges, maximising their profits. The client required funds to purchase two end terrace houses in London, England. Both properties were in need of renovation throughout, so the client needed to secure a highly competitive rate to ensure that their own funds would cover the refurbishment. As an underwriter at Funding 365, it's my responsibility to look at a case from every angle and find the potential in the deal. That's what I did here - and at a rate that allowed the client to refurbish the properties in exactly the way that they had envisioned. BACK TO PROJECTS AUCTION PURCHASE: 2 HOUSES IN LONDON CASE STUDY £552,000 65% LTV 0.62% PER MONTH

HOW WE WORK Once we receive your enquiry (via phone, email, post, website chat, WhatsApp, Twitter or LinkedIn) it is assigned to one of our underwriters, who is fully responsible for the case and your point of contact throughout the lifecycle of the loan. Our underwriter reviews your enquiry and, if it meets our criteria, aims to issue bespoke, credit-backed terms within just one hour. If you decide to proceed with our terms, the next step is to pay the valuation fee and provide us with the completed and signed application form. Our underwriter then instructs suitable valuation and lender legal firms from our extensive panels, whilst carrying out all underwriting due diligence and liaising with all parties. Once all checks have been satisfied, our loan completes and we release funds. 1. 2. 3. 4. 5. 6. Our underwriter remains in contact throughout the term of the loan, assisting with further drawdowns for works (if required), any prepayments (if applicable) and the final repayment process. In order to deliver exceptional service for our clients we have developed a unique way of working. Our multi-tasking underwriters are empowered to take ownership of each case from initial enquiry through to completion. This means never being swapped from one department to another, no crossed wires and no delays. Just the certainty of straightforward solutions and a seamless, personal experience throughout. PROCESSES UNIQUELY SEAMLESS PROCESSES UNIQUELY SEAMLESS HOW WE WORK UNDERWRITING REQUIREMENTS