Finance Broker - Jamie Bridson, recently completed a refurbishment bridging loan facility worth £1.2million for a commercial real estate investor and developer, specialising in industrial and logistics developments.
The client recently acquired an old disused shopping area which they want to redevelop into a brand new leisure facility with several businesses across multiple units that are being refitted. Once the works have been completed, the bridging loan will then be refinanced into a term loan facility that the customer can then pay off once revenue is generated.
Are you a business owner looking for a bridging loan facility? A bridging loan works by giving you or the business the money to proceed with a purchase, allowing you to free up money from other assets or investments. They are an incredible tool that allows you to access a short-term cash injection. If you would like to discuss your options, then please do not hesitate to contact Jamie on 01908 429888, email Jamie@approved-finance.co.uk or click on the link to download our finance guide PDF for more information: https://lnkd.in/ePHAgzn9