Empowered Lending

You will need to work through 5 steps, in order to start a bridging loan application with Empowered Lending.

This process typically takes around 30 minutes.

Packaging everything up effectively on the front end, will save time on the back end, as it will allow the fund raising process to run more smoothly.

1. Create a Stacked account

If you haven’t already done so, you will need to create a Stacked account.

You can do this by visiting https://www.stacked.group/

2. Add the property

If this is a new property, which you’re planning to buy, you should add a new property to your pipeline. If you’re not sure how to do this, you can watch this short explainer video.

If this an existing property, which you already own, you should add a new property to your portfolio. If you’re not sure how to do this, you can watch this short explainer video.

3. Stack the deal

Choose a deal type from the list below.

If you need help stacking the deal, using your preferred strategy, you can watch the accompanying explainer video.

• Flip: Use this deal type when you’re planning to buy, develop and sell. This short video explains how to stack a flip deal.
• Multi dwelling: Use this deal type when you’re buying one property or piece of land, and converting it into multiple dwellings. This would include the development of multiple new houses on a piece of land or converting an office building into a number of new apartments. This short video explains how to stack a multi dwelling deal.
• House in multiple occupation: Use this deal type when you’re planning to buy, develop, refinance and rent the property to a group of tenants e.g young professionals or tenants. This short video explains how to stack a house in multiple occupation deal.
• Single let: Use this deal type when you’re planning to buy, develop, refinance and rent the property to a family. This short video explains how to stack a single let deal.
• Serviced accomodation: Use this deal type when you’re planning to buy, develop, refinance and rent the property on a short term basis, using platforms such as AirBnB. This short video explains how to stack a serviced accommodation deal.

4. Create an investment opportunity

Now that you have added the property and stacked the deal, it is time to package everything up into an investment opportunity, which can be reviewed by prospective investors in due course.

Choose an investment type from the list below.

If you need help creating the investment opportunity, using your preferred investment type, you can watch the accompanying explainer video.

• Debt: Use this investment type when you want to raise money on a debt basis, where the money is to be repaid at a fixed rate of interest, over a fixed term. This short video explains how to create a debt based investment opportunity.
• Equity: Use this investment type when you want to raise money on an equity basis. This short video explains how to create an equity based investment opportunity.

Once you have created the investment opportunity, you should review and customise the investor pack, which is automatically generated for you. This short video explains how to do this.

5. Submit the bridging loan application

That’s the hard part sorted.

All that’s left to do now, is to submit the bridging loan application to Empowered Lending and attach the investment opportunity.

This short video explains how to do this.

Next steps

The team at Empowered Lending will be notified, as soon as you submit your bridging loan application.

They will then review your application.

If any changes or additional information is required, they will contact you via the dedicated workflow, which is associated with your application.

You will be notified via email whenever you receive a new message, so you can review and respond to it.

This short video explains how to use workflows on Stacked.

Once everything is in order, your investment opportunity will be shared out to the Empowered group of investors, so they can review and pledge funds.

It typically takes 14 days for investors to review and respond to opportunities.

Whilst, in some cases, this can happen sooner, there are no guarantees that the full amount will be pledged, as everything is at the discretion of the individual investors.

Creating a strong investor pack with an engaging video to explain your project, will help your chances of successfully raising the funds you require.