Property Purchase
Private Airport
Nottinghamshire
Our client was given the opportunity to follow his passion and buy a small private airport. At face value it was not a viable proposition in terms of security.
How we helped
The client owned and operated a number of successful businesses. Therefore the acquisition was undertaken as a share purchase to enable the movement of the licences required to operate it and scoop in other security held by the other businesses.
The client purchased shares of the business that owned the private airport.
Multiple assets were leveraged to secure the lending.
The 12 month bridging facility has allowed the client to assess and improve the commercial viability of the site.
Bridging was an ideal solution as it is far more adaptable and flexible approach to borrow than a commercial mortgage.
By closely working with the client we were able to provide a unique lending agreement.
£3,500,000
Bridging Loan Amount
12 months
Bridging Loan Term
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