Property Purchase
Industrial Complex
Supply Company
The client had the chance to buy the site having previously arranged an option-to-buy. The company’s income is subject to seasonal changes and the need to complete the purchase came at a time when cashflow was at its lowest. Therefore, they sought finance to assist with finding.
How we helped
We were able to provide a loan to this established business with an obvious opportunity to grow on the 13 acre industrial complex.
The purchase completed by the deadline set out in the agreement.
Meeting the purchase deadline saved losing a paid deposit of £500,000.
Buying the industrial complex has allowed an increase in productivity and expansion.
The clients existing bank has already looked at refinancing this longer term.
The bridging loan was the perfect solution for quickly completing the property transaction.
£1,600,000
Bridging Loan Amount
1 year
Bridging Loan Term
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Industrial Complex
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