Bridging Finance for Commercial Property
Commercial Property
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The Challenge
An investor needed £3.2M within 5 days to secure a prime commercial property at auction. Traditional lenders could not meet the timeline and the deposit was due immediately.
Our Solution
We arranged bridging finance within 72 hours from a specialist lender, secured as a first charge against the property. Interest was rolled up to avoid monthly payments.
The Outcome
The client secured the property at auction and subsequently refinanced to a long-term commercial mortgage within 4 months, at a rate that more than justified the short-term bridging costs.
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