Exeter Loan Programs
Exeter focuses on private credit solutions for substantial, real-world projects. Rather than offering standardized retail loan products, Exeter works with project sponsors and commercial borrowers to shape bespoke credit structures suitable for inclusion in asset-backed bond underwritings.
The descriptions below are illustrative only. Actual financing solutions would be governed by separate, definitive documentation and would be subject to the merits and credit characteristics of the project, the sponsor, and prevailing market conditions.
Illustrative Types of Facilities
Subject to due diligence and structuring, Exeter will work with borrowers to explore some or all of the following types of credit exposures:
- Construction and Development Facilities – for ground-up construction, major redevelopment, or large-scale capital improvements, typically supported by detailed budgets, draw schedules, and exit or take-out strategies.
- Bridge and Transitional Financing – interim funding intended to bridge an asset or project from one stable state to another (for example, from acquisition to permanent financing or stabilization).
- Project-Level Term Loans – medium - to long-term amortizing or partially amortizing exposures secured by income-producing assets, offtake agreements, or other contracted cash flows.
- Portfolio or Programmatic Facilities – credit exposures structured around a series of similar projects or assets that can be aggregated into one coherent loan portfolio.
Use of Proceeds and Eligible Projects
Projects of interest generally involve significant capital requirements and a clear, traceable use of loan proceeds, such as:
- High-density residential or mixed-use developments;
- Specialized or branded real estate projects;
- Infrastructure-adjacent or logistics-related facilities;
- Large-format and major entertainment and sports venues;
- Other commercially viable, capital-intensive undertakings with identifiable repayment sources.
Underwriting and Portfolio Considerations
Every project we review is evaluated as part of a larger loan portfolio. We look at factors such as the project sponsor's experience, the project’s feasibility, the strength of the collateral, expected cash flows and how the loan might fit within a balanced mix of other credit-sensitive assets within the proposed collateral pool.
The fact that a type of credit facility is described here does not mean that Exeter is currently offering such financing or that any specific project will qualify. All opportunities are subject to independent review, structuring, and an approval processes.
For important limitations and legal notices relating to the descriptions above, please review our Disclosures page. Project sponsors and commercial borrowers who wish to discuss a specific opportunity are invited to contact Exeter directly.
View Disclosures Contact Exeter