Adverse & Bankruptcy Finance
When property assets are at risk or you need urgent capital despite a complex credit history, our specialist funding solutions provide a vital lifeline. We arrange finance such as specialist bridging and second‐charge loans secured against your property, even if you’re facing bankruptcy petitions (including if you’ve recently been made bankrupt), winding-up orders, CCJs, defaults or other financial difficulties.
Every application is underwritten on its own merits, so you get a bespoke financing solution that reflects the full picture of your circumstances.
We have options to give you the funds you need to head off repossession and stabilise your position. You can use the proceeds to:
- Pay winding-up petition costs or trustee/receiver fees
- Cover urgent insolvency practitioner demands
- Buy time to market and sell a property or another asset as part of your exit
Because these loans are secured against property, we have options available when other mainstream lenders decline. We’ll work with you on a robust exit plan, whether it’s a sale of the mortgaged property or an alternative asset disposal to ensure you leave the facility with confidence.
When you need capital but don’t want to remortgage or disturb your current mortgage terms, our second-charge loan options let you tap into unlocked equity quickly and efficiently. This option is ideal for:
- Estate refurbishment or enhancement projects
- Financing new investments without affecting your primary mortgage
- Consolidating business debts or funding growth initiatives
We tailor loan-to-value and repayment terms around your cash flow, so you benefit from the equity you’ve built while preserving your existing mortgage agreement.
Most traditional lenders use rigid tick-box criteria that can leave businesses with adverse credit out in the cold. We work with lenders that take a different approach and assess each deal on a case-by-case basis.
Fees are almost certain to be higher than conventional loan product, but pricing is transparent throughout the process, meaning you understand exactly what you’ll pay, why you pay it, and how to plan your exit
FAQs
We consider any business or individual with property assets, even if you’re facing bankruptcy petitions, winding-up orders, CCJs, defaults or insolvency. Every case is underwritten on its own merits—your credit history won’t automatically bar you. As long as there’s adequate security in the form of real estate, we can explore a tailored solution.
Once we receive your basic application and supporting documents, we can typically issue an offer in 2–5 business days. Funds are released soon after valuation and legal completion, so you can act fast to cover insolvency practitioner fees, petition costs or other urgent liabilities.
A robust exit plan is essential. Common options include:
- Selling the mortgaged property to repay the loan
- Disposing of an alternative asset to meet obligations
- Refinancing into a longer-term facility once credit improves
Although this can be difficult, we’ll work closely with you to agree a realistic timeline and ensure you leave the facility on solid footing.
Because underwriting risk is higher and cases involving adverse and bankruptcy can be very complex, rates and fees typically exceed those of mainstream funding options. However, we'll always ensure:
- A transparent breakdown of all interest, arrangement and exit fees up front
- Clear examples of total borrowing costs over the term
- No hidden costs, so you can budget effectively and avoid surprises
Contact
- 1 Knight House, 140-142 High Street, Penge, London, SE20 7EU
- 0208 078 4277
- info@ascend-cf.co.uk
Brochures
View our 2020 Medical prospectus of
brochure for an easy to read guide on
all of the services offer.
Other Funding Options
Our panel includes hundreds of lenders, from specialists in property finance to experts in tax funding. This ensures we can help businesses access the right financial solutions for their needs.
