SANCTIONED - £12m INDUSTRIAL BRIDGING FACILITY LOAN
• March 14, 2022
£12m Credit backed Bridging Loan
Our client was seeking to purchase this site and came to us for assistance. We provided a fully credit backed bridging loan in 2 days for £12m and we have strong offers for the term loan post acquisition.
Bridging Terms
- £12m
- 0.65% pcm
- 2% Arrangement fee (which covers broker fee also)
- No Exit Fee
- 3m minimum term
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DEVELOPMENT FINANCE
Bridging Finance Completion
Commercial premises purchase - OWNER OCCUPIED
Deal Update:
Residential bridging finance approved for part finished development
New Deal Sanctioned - Property Development Finance
Bridging Deals agreed
Recent Commercial & Semi Commercial Investment deals agreed
The UK Government backed RLS Loan scheme has been extended to continue to support businesses through the economic recovery. Cash Flow & Growth Loans for UK Ltd Companies Turnover for 2019 >£100k Minimum trading period 2 years Must show profitability/affordability Loan Term up to 6 years No obligation/ No upfront fee to receive a quote Loans up to £250k will not require a Personal Guarantee 12 months Interest only available from some lenders
