£1.5 Million Bridge on St Paul’s Apartment

We recently assisted a first time client in supporting their business whilst waiting for funds to be released from a business transaction.

The security for the £1.5m equitable loan was a £4.3m property located in the desirable St Paul’s area.  The loan was offered with 6 month terms and 3 months interest retained. There was also the option for the interest to not be retained. There was a clear exit strategy in place with the client’s business due to receive money currently held in a business transaction within the 6 month term. The loan to value was 35%.

Although it was a new relationship with the borrower coupled with a flexible valuer and great lawyers we were able to achieve a quick hassle free completion in 8 days.

Platinum Global Bridging Finance is a distinguished high-net-worth finance broker. We specialize in providing tailored financial solutions, including Property Bridging Finance, Development Finance, Stock Loans, and Commercial Property Finance, tailored to meet the diverse needs of our clientele seeking robust financial support.