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CASE STUDY: BRIDGING
This loan involved an SPV owned by a businessman who needed to refinance assets from a peer-to-peer lender.
The borrower had outline planning consent but required additional time to get full planning permission in order to complete on a negotiated sale.
We were able to provide funding to the borrower promptly.
• Advance: £505K
• Security: £1.05M
• LTV: 48%
• Term: 18 Months
• Loan Type - Bridge
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Belfast Commercial Funding is a 'Business to Business' lender only.
How much would you like to borrow?
£175K- 500
£500- 1m
£1m+
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BELFAST COMMERCIAL FUNDING LTD
Wellington Buildings,
2-4 Wellington Street,
Belfast,
BT1 6HT
T: +44 (0) 28 9076 7127
E: info@belfastcommercialfunding.com
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