01The property & the loan
02Repayment
03The rate
04Size the add-on
Total borrowing — of value, capped at 70% — a larger add-on increases both the saving and the position secured against the property.
05Choose your protection
Your selection changes your exposure — the maximum loss shown updates with the level you elect.
Enter a property value and a loan amount on the left, and BOB will show you how a T1V loan compares with an ordinary one.
A Twenty1 Ventures arrangement fee applies to the add-on and is not reflected in the figures shown.
Maximum lossThis deal carries risk, capped at the protection level elected: at this setting the most the borrower can lose in the current collar period is — (— of their asset equity at risk). Electing less protection increases this figure. At this setting the borrower has nothing at risk: the structural floor covers the full add-on, and the saving shown is compensation for lending collateral capacity, not for carrying risk.
Every figure is illustrative modelling. No rate is quoted, held or locked, and nothing binds any party. Any transaction remains subject to credit approval, appraisal, underwriting and executed documents. The calculator may contain errors and ignores fees, costs and taxes.
Available only against commercial real estate held by a business entity for business purposes. It is not consumer credit, is not offered to consumers, and is not secured on a dwelling occupied as a principal residence. Not directed at anyone in a jurisdiction where it would be unlawful.
The lower monthly cost is accompanied by additional borrowing secured against the same property, which is not released to the borrower. Total borrowing against the property is capped at 70% of its value. Higher leverage magnifies any fall in value, tightens coverage, and can make future refinancing harder to obtain.
Protection is not unconditional: it depends on the protection level the borrower elects, and the amount of protection varies with that election. At the highest protection level the borrower has nothing at risk. At the lowest protection level the borrower carries the largest exposure the structure permits — the stated maximum loss shown alongside every illustration — and the cap applies only at the level elected: electing less protection increases it. Within the elected exposure, the borrower assumes a contingent obligation settled at maturity, sized by the performance of a volatile reference asset, which could exceed the total saved. Compensation adjusts with the level elected and re-strikes at then-market pricing at each three-year checkpoint within the deal term. The stated maximum loss applies to each collar period; at each re-strike the position is re-priced at then-market terms, where a comparable level of protection will be targeted but cannot be guaranteed, and a borrower whose term spans more than one period may carry the elected exposure more than once.
The payments that lower the monthly cost are funded by a third party, not by the lender or the borrower. They depend on that party continuing to perform and are not guaranteed for the life of the loan. Obligations to the lender are unaffected.
The senior loan behaves like any other senior loan. Default, acceleration, foreclosure, guarantees and any recourse provisions operate exactly as written. This structure does not soften them and grants no additional cure rights.
The loan does not fully amortize, so a balance falls due at maturity and must be refinanced or repaid on sale at whatever the market then offers. Repaying early may forfeit remaining benefit and trigger breakage or unwind costs.
Tax and accounting treatment depends on the borrower's own circumstances, and the modelling ignores tax entirely. Take independent legal, tax and financial advice. Twenty1 Ventures acts as an arranger — not a lender, adviser or fiduciary — and owes no duty to recommend the best available financing.
We use the details you send only to respond and to assess the deal. We do not sell them, and share them only where necessary to evaluate or execute a transaction. The calculator runs in your browser and sends nothing until you submit the form.
This is a summary written for an early conversation. Complete terms and disclosures accompany any proposal. Where anything here conflicts with executed loan, security or intercreditor documents, those documents govern. · PROTECTION PRICING CALIBRATED TO LISTED OPTIONS MARKET DATA, SEP 3 2026
A one-time arrangement fee is charged on the principal of the add-on. Depending on the transaction it may be borne by the borrower, the lender or an introducing broker; where the borrower bears it, it is added to the add-on rather than paid in cash. It is not reflected in the savings, effective rate or cost-per-year figures shown, and the period over which it is recovered out of the rate benefit depends on the protection level elected. State documentary and intangible taxes may apply to the additional advance and are likewise excluded from the figures.
Send us the shape of it and we will come back with an indicative view. Nothing here is an offer of finance. · PROTECTION PRICING CALIBRATED TO LISTED OPTIONS MARKET DATA, SEP 3 2026