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David Manklow

£450,000 ASSET FINANCE HOTEL FIT-OUT (HOTEL LA TOUR)



Our senior finance broker - Thomas Sudds recently completed a £450,000 asset finance project. Hotel La Tour, the privately-owned British hospitality company, recently opened their new £39 million hotel in the heart of Milton Keynes, with our funding helping to complete the fit-out of the premises.


Hotel La Tour's new property, opened in April 2022, boasts an impressive mirror steel-clad exterior designed by PHP Architects and will feature 261 bedrooms, 14,000 square feet of flexible events space, a gym and a 14th-floor restaurant and sky bar offering the highest viewpoint in the county.


The customer required funding for IT, catering and conference furniture whilst being in a pre-revenue stage. Tom was able to use our 80+ lending panel to find the client the funding they required with Approved Business Finance also providing being one of the lenders to help complete this deal.


We want to thank Hotel La Tour Milton Keynes for selecting us for their business finance requirements on the project, Broker managers Kevin Bint (Investec/Quantum), Ian Smith (Arkle Finance Ltd), and our senior finance broker - Thomas Sudds for his fantastic work on this project.


 

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