£8m Refinance for Central London Commercial Property
Refinancing and raising capital
Loan Size: £8m
Location: Central London
Loan Type: Bridging
Security Type: Commercial unit
Term: 12 months
About the Deal
The client approached us with the requirement of a bridging facility to refinance an acquisition loan they had already used.
The client used this loan to refinance the current debt and raise some capital to assist them for 12 months whilst they worked on gaining planning on the security and then refinance onto term debt.