About iBrokr
We’re here to change property finance.
Applying for a loan shouldn’t feel like you’re stuck in 2003. Brokers are still stuck operating via long email chains and time-consuming processes. At iBrokr, we’ve stripped out the hassle, hidden fees, and slow turnaround times, replacing them with speed, clarity, and total transparency.
“At iBrokr, our mission is to leverage technology to bring efficiency, and transparency to short-term property finance, making it a faster, simpler and more affordable process for property developers.”
Why iBrokr exists
When previously working at a development finance lender, I quickly discovered that the quality of brokers varies massively. Yes, there were some high class operators. However, we would constantly get enquiries that were far from suitable and brokers would complain about terms, all whilst charging undeservedly high fees.
Processes were slow, with borrower information drip-feeded via email, and problems arising from information we hadn’t found out early enough.
I couldn’t help but think the loan application process could be done better, especially with the integration of technology.
How technology helps
Online systems mean that borrowers can crack on with applications in their own time, working at whatever speed they need to for a certain project. Keeping it all in one place saves the time and hassle of having to send countless emails.
It also means that lenders are free of bogus enquiries that paint half the picture. The first contact a lender has with iBrokr on any given case comes with a fully packaged case that provides all they need to underwrite. Cases are tailored to their criteria meaning all enquiries will be something they are happy to consider.
Flexible Fees
We believe fees in the market are too high, and want to leave developers with as much wiggle room as possible when financing projects. In the bridging finance market, broker are typically paid procurment fees by lenders, for brignign them business. This ranges from 1.5-3% of the loan amount. We see this as sufficient, and don’t see reason for brokers to charge additional fees unless it is a highly complex case.
iBrokr offers a fair and adaptable fee structure designed to maximise borrower returns, ensuring even tightly budgeted projects can proceed smoothly. Our modern, transparent approach eliminates unnecessary costs and puts the borrower at the heart of everything we do.
Bridging Finance
Short-term finance that helps you bridge the gap in any situation, from a break in a purchase chain to completing a refurbishment.
Development Finance
Funding purchase and development costs from small projects to multi-unit developments. Helping experienced borrowers and first time developers alike.
Why Choose Us
A Modern Borrowing Journey
iBrokr utilises technology to streamline your borrowing process. File documents, alter requirements and monitor ongoing applications all in one place.
Compare Full DIPs
Lenders will offer full Decision-in-Principle terms for your project, meaning you don't have to jump through hoops to know the exact cost of borrowing.
24/7 Support
Our use of technology does not leave you guessing. Our Brokers are available for advise at any time.
Have A Development Project That Needs Financing?
Contact us to get started today.