PRODUCT CRITERIA COMMERCIAL BRIDGE FINANCE FOR THE USE OF PROFESSIONAL INTERMEDIARIES ONLY PRODUCT CRITERIA COMMERCIAL BRIDGE FINANCE This criteria is to provide guidance on the main policy and is not exhaustive. We will make the final decision based on all obtained facts and information on the applicants and property.

Commercial Bridge Finance at a Glance AVAILABLE FOR: LIMITED COMPANIES LLP’S PARTNERSHIPS INDIVIDUALS Commercial Bridge Finance at a Glance COMMERCIAL PROPERTIES IN ENGLAND & WALES MIN/MAX FINANCE SIZE £100K- 10M FIRST CHARGE ONLY NO EARLY PAYMENT CHARGES UP TO 65% FTV OR 65% FTC

Commercial Bridge Finance Product Criteria Purpose To Fund Property Purchase whilst Raising Capital/Securing Alternative Funding Finance Size Min: £100,000/Max: £10M Max FTV Up to 65% Finance Term Duration Min: 1 month/Max: 12 months Profit Rate 1% per month Tenure Freehold or Leasehold Applicant Type Limited Companies/LLP’s/ Partnerships/Individuals Applicant Experience Track Record Preferred In/Out Fees 1%/1% Property Type Commercial Only

Commercial Bridge Finance Product Criteria Evidence of ID. Evidence of Residency / Proof of Address. Fully completed and signed application form. Evidence of personal income. (5) Last 3 months personal / business bank statements - if applicable. (6) Last 2 years company accounts – if applicable. (7) Copy of lease / AST – if applicable. (8) Full details of investment properties. No Bankruptcy / IVA in last 12 months. No CCJs in last 12 months. No missed mortgage payments of other property finance in the last 12 months. (4) No voluntary enforced possession. (5) Up to date UK credit report required. (6) Previous defaults can be considered subject to satisfactory explanation. Supporting Documents Credit History

1% 1% 1% 1% Fees and Charges Profit Rate (pm) Arrangement Fee Broker Fee Exit Fee 1% 1% 1% 1% *All % fees are calculated on the total facility size offered

How Does It Work? NOTES   At the end of the term, administration fees are payable in accordance with OFFA’s standard fee tariff to cover OFFA’s administration costs.  No early settlement penalties are payable the deferred sale price is paid by the Customer before the end of the agreed term.  The Customer is responsible for their own solicitor costs, stamp duty and other conveyancing charges at outset and on settlement. The Islamic Financing structure we use is termed “Commodity Murabaha” which is based on a Deferred Sale and Purchase of a Commodity (usually a Metal). To start, Offa buys a Commodity at the market price today and sells it to the Customer on deferred payment basis with a small mark-up. The Customer immediately sells the Commodity for Cash to a commodity broker. The Cash Proceeds are used by the Customer for its Financing purposes. The mark-up or profit amount of the sale price of the commodities to the customer represents the cost of our Finance to the Customer. Neither the Customer, nor Offa as the Financier, actually take any risk of a price fluctuation in the underlying Commodity and the commodity trades are concluded in one day. Offa manages this entire process. The Customer agrees to pay the deferred price of the Commodity to us over an Agreed Period (the Term of the Finance).

FOR THE USE OF PROFESSIONAL INTERMEDIARIES ONLY IMPORTANT NOTICE   The above terms should only be used as an indicative guide and may change subject to the circumstances relevant to each individual application. This Document is issued by OFFA with the purpose of providing information about financing products offered by OFFA on a non-advised basis. It does not constitute an offer or invitation in respect the products. Currently, these products fall outside the scope of regulation by the Financial Conduct Authority. No information set out or referred to in this Document shall form the basis of any contract. Any prospective transaction shall be governed by applicable terms and conditions and any agreements entered into by the relevant parties acknowledging that it has not relied on, or been induced to enter into such an agreement by, any representation, warranty, assurance or undertaking save as expressly set out in that agreement. The issue of this Document shall not be deemed to be any form of commitment on the part of OFFA (or any other person) to proceed with any transaction. Any recipient of this Document in jurisdictions outside the UK should inform themselves about and observe any applicable legal requirements. Prospective clients should make their own independent assessment when considering the products described in this Document. In reaching a decision, prospective clients should discuss their options with an independent financial adviser and seek independent professional tax and legal advice. By accepting this Document, the recipient agrees to be bound by the foregoing limitations.