£7m Bridging Finance Secured at Speed

A client with a legacy family-owned caravan business reached out as they needed to raise funds of circa £7m. The funds raised would be used to make repayments, and avoid substantial penalties.

Due to the niche nature of the securities, the valuations across multiple sites were key to reaching the required LTV. Working collaboratively with the client’s accountant & solicitor, our team of experts worked on finding the most suitable deal, ensuring it was time effective, and maximum leverage.

Updating the client at each stage of the process, we secured a bridging loan of the full amount required. The client received their funds within the agreed timescales and was overjoyed with our level of service. Understanding the clients’ drivers was key at each stage of the process. Due to the nature of the repayments, it was important to achieve the client’s goal with an extra level of care.