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Largemortgageloans.com launches HNW financier

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  • 01/05/2013
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Largemortgageloans.com founder Paul Welch has launched a new firm targeting High Net Worth (HNW) borrowers for luxury goods as well as mortgages.

MillionPlus Private Finance has been set up by the same team to provide multi-million pound finance deals for property as well as yachts, jets and art.

The firm will arrange private finance facilities for loans in excess of £1m and is targeting international entrepreneurs, business leaders and professionals.

Its clients already include foreign nationals, British expatriates, UK residents earning in foreign currencies and non-domiciled UK residents.

Paul Welch said: “As an independent private financier, we benchmark private banks and carefully select the appropriate facilities for clients’ specific needs.

“We have established global relationships in more than 50 countries with private banks, boutique lenders and private investors who have an appetite to lend at this level.

“Clients and their advisers are successfully taking advantage of our specialist expertise in mezzanine finance, debt restructuring, securities based lending, structured finance facilities, offshore structures, SPVs, trusts and foundations.”

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