Lendco is a specialist bridging lender built around complex ownership structures and scale: SPVs, LLPs, Trusts, joint ventures and even Jersey, Guernsey or Isle of Man registered entities, with no restriction on multi-unit block size and dual legal representation offered as standard. It is one of the lenders Boxx Finance turns to for bridging loan cases that outgrow a standard lender's box on ownership structure alone.
Lendco at a glance
| Lendco | |
|---|---|
| Loan size | £100,000 to £5 million per asset (£500,000 minimum for corporate, SPV, LLP or Trust borrowers) |
| Security | First charge |
| Maximum LTV | 75% residential and semi-commercial; 70% commercial |
| Term | 2 to 36 months |
| Borrowers | Individuals, portfolio landlords, companies, SPVs, LLPs, Trusts, joint ventures, Channel Islands and Isle of Man entities; up to six applicants |
| Multi-unit blocks | No unit count restriction; up to £3 million at 65% LTV or £2 million at 75% |
| Legal | Dual representation as standard |
| Regulation | Unregulated only |
What this means in practice
Many bridging lenders are built around individual or straightforward limited company borrowers. Lendco is built for the opposite case: up to six applicants, trading companies, Trusts and offshore-registered entities, all accepted as standard rather than referred as an exception.
How it works
Loans run from £100,000, with a £500,000 minimum for corporate, SPV, LLP or Trust borrowers, up to £5 million per asset, secured by first charge. Maximum LTV is 75% on residential and semi-commercial security and 70% on commercial, with terms from 2 to 36 months.
Multi-unit freehold blocks face no restriction on unit count: up to £3 million at 65% LTV or £2 million at 75%, with an aggregated valuation considered rather than a single-investor basis. Flats up to 20 floors are accepted outside London, with no height restriction inside London, and a 5% builder incentive is accepted on new-build security.
How a case with Lendco typically runs
Complex ownership is where most lenders slow down, because each additional entity, trustee or offshore company adds documents and questions. Lendco is set up for that from the start. It offers same-day credit-backed terms and gives brokers access to underwriters from day one, so a structurally complicated case can get an early, reliable read on whether it will work before time and money are spent on valuation and legal work.
Dual legal representation, offered as standard, then shortens the legal stage: one firm can act for both lender and borrower, removing a layer of correspondence that otherwise adds time to every bridging transaction.
How Lendco compares with other lenders on the panel
Its closest counterpart for large deals is Shawbrook, which handles scale on more conventional ownership and reaches 75% LTV on commercial security against Lendco's 70%. The Lendco vs Shawbrook comparison sets out when each fits. For a smaller limited company case below Lendco's £500,000 corporate minimum, Shawbrook's £100,000 minimum or West One Loans from £75,000 may work instead.
For owner-occupied, regulated bridging, which Lendco does not offer, lenders such as MT Finance or United Trust Bank lend on both regulated and unregulated terms.
Who it suits
Lendco suits portfolio landlords, with no upper limit on background portfolio size, complex corporate or trust ownership structures, and large multi-unit block purchases that a standard lender's single-investor valuation approach cannot accommodate.
Where it is not the strongest fit
The £500,000 minimum loan for corporate, SPV, LLP or Trust borrowers rules Lendco out for smaller limited company cases: a £150,000 SPV bridge, for example, needs a different lender regardless of how clean the case is. Lendco is unregulated only, so it cannot be used for owner-occupied regulated bridging.
Documents a structured case usually needs
A corporate or trust borrower adds paperwork that an individual case does not. Expect to provide incorporation or trust documents, details of directors, shareholders, members or trustees, and identification for the people behind each entity. For offshore-registered companies, evidence of good standing from the relevant registry is usually requested as well. Having this ready before the application is what allows the early terms to hold through underwriting rather than being revisited once the documents arrive.
Questions worth asking before you apply
- Is the borrower a company, SPV, LLP or Trust? If so, does the loan clear the £500,000 corporate minimum?
- For a multi-unit block, will an aggregated valuation give a better outcome than a single-investor basis?
- Which LTV and loan size combination suits the block: up to £3 million at 65%, or up to £2 million at 75%?
- Will anyone connected to the borrower occupy the property? If so, the loan would be regulated and Lendco cannot provide it.
- Are all the ownership documents for each entity ready, so the same-day terms can be relied on?
Summary
Lendco is a specialist choice for scale and structural complexity rather than a general-purpose bridging lender: the right fit when the ownership structure or the size of a multi-unit deal is what other lenders struggle with. Figures above are correct as of July 2026 and should be confirmed with your broker before an application.
