Octane Capital: products, terms and eligibility

Octane Capital is a UK provider of bridging loans. The legal entity named on its site is Aldermore Bank PLC (Octane Capital is a trading name), company number 947662. It is based in London. It gives its founding year as 2017. It is part of Aldermore Bank (acquired 2026, per its about page).

Octane Capital was founded in 2017 by Jonathan Samuels and Matt Smith; Samuels had previously established Dragonfly Property Finance in 2009. Its About page says it was acquired by Aldermore Bank in 2026 and now operates as a trading name of Aldermore Bank PLC, which is authorised by the PRA and regulated by the FCA. Its registered office is at Apex Plaza, Forbury Road, Reading.

In its own words on scale:

• Says it has lent over £2.2 billion since inception (figure on its About page in October 2026).

Everything on this page comes from what Octane Capital publishes itself. We show the date we last checked it, and we do not rate or rank lenders.

Octane Capital publishes 4 products for UK businesses. The table above gives the amounts and terms as it states them.

• Bridging loans (residential and semi-commercial): Fixed or variable; daily interest.
• Developer exit loans: Fixed or variable; daily interest; available before practical completion.

Bridging loans (residential and semi-commercial)

Short-term loans from £175,000 to £15,000,000 and beyond, up to 75% loan-to-value and terms of up to 24 months, secured on residential and semi-commercial property. It says it lends against open market value rather than a 180-day value, and that interest is calculated daily. It says no exit fees are charged and that it is flexible on borrower profile, including foreign nationals, expatriates, offshore companies, LLPs and trusts.

Refurbishment loans

Funds up to 75% loan-to-value on day one plus 100% of refurbishment costs, from £175,000 to £15,000,000 and beyond, for up to 24 months. A core tier covers build costs up to £500,000 or 75% of current value and a Prime Refurb tier covers build costs of £500,000 to £1,000,000 up to 50% of current value. Works are monitored by an asset manager rather than a quantity surveyor.

Developer exit loans

Loans from £250,000 to £15,000,000 and beyond, up to 75% loan-to-value for up to 24 months, secured on complete or almost complete new-build residential sites with under 10% of construction costs remaining. They are for developers releasing equity or managing cash flow as units sell.

Octane Capital says its finance is used for:

• Auction purchases
• Capital raising against existing property
• Chain breaks and time to sell or refinance
• Refurbishment and conversion (HMO, flats, commercial to residential)
• Releasing equity from completed developments

Sectors and business types it says it funds:

• Residential and semi-commercial property
• Property developers and investors

Octane Capital publishes these criteria. Meeting them does not mean an application will be accepted: every lender makes its own decision.

• Bridging: all types of residential and semi-commercial property.
• Unregulated loans only.
• Flexible on borrower profile, including foreign nationals, ex-pats, offshore companies, LLPs and trusts.
• Refurbishment loans: UK borrowers with clean credit; experience preferable but not always necessary.
• Developer exit: site must be complete or almost complete (earlier stage considered at lower LTGDV).

Octane Capital describes its process like this:

1. Apply through the online portal or contact the team by phone or email.
2. Underwriting queries are handled by the lender’s team.
3. For refurbishment, works are monitored by an asset manager.

Every application is subject to status and the lender’s own criteria at the time.

A bridging loan is short-term borrowing secured on property, used to bridge a gap until a sale or longer-term finance completes. Interest is often rolled up or retained and repaid with the loan at the end, so the plan for repaying it, known as the exit, matters as much as the property.

Lenders lend up to a share of the property’s value and will want to see that exit. Bridging costs more than long-term borrowing, so it is worth understanding how lenders differ before you compare offers.

Points Octane Capital publishes that are worth knowing:

• Refurbishment build costs under its core product must not exceed £500,000 or 75% of current value; its Prime Refurb product covers £500,000 to £1 million up to 50% of current value.
• Says it lends against open market value rather than a 180-day value.
• Says there are no exit fees.
• Says it is a principal lender funded by its parent company, Aldermore Bank.
• Loans are secured on property.

Security and guarantees

Loans are secured on property; bridging is on residential and semi-commercial property and developer exit loans on new-build residential sites. It says no exit fees apply on bridging loans.

Octane Capital’s site states: “Octane Capital is a trading name of Aldermore Bank PLC. Aldermore Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 204503). Registered Office: Apex Plaza, Forbury Road, Reading, RG1 1AX. Registered in England. Company No. 947662.”

Protections differ by borrower type and loan size. Most lending to limited companies is not regulated consumer credit, so read the agreement and ask the lender what applies to you.

Other providers of bridging loans with profiles here include Octopus Capital (Octopus Real Estate), One Stop Business Finance and Ortus Secured Finance. Each profile uses that lender’s own published terms.

The full list, grouped by product type, is in our directory of UK business lenders.

Capzy is a credit broker, not a lender, and gets paid by the lender. One application lets your business compare options across lenders, so you can weigh this kind of facility against the alternatives. You can check your funding options with a soft search that does not affect your credit score. A full application to a lender may involve a hard search, and any offer is subject to status and lender criteria.