Christie Finance’s real estate commercial experts facilitate bridging finance solutions for commercial unit
Christie Finance Real Estate, specialist commercial finance experts are pleased to announce that we have secured a short-term facility for the acquisition of a Commercial Retail Unit in Scotland.
Key Highlights:
- £420,000 Bridging Facility
- Acquisition of commercial unit in Edinburgh, Scotland
- 65% loan to value (LTV) achieved alongside a 2nd charge facility on the clients' main residence
- Competitive interest rate with no exit fees
- Time sensitive transaction with professionals instructed within 2 days of instruction
- Completion achieved in less than a month
Alex McMillen, Finance Consultant, who supported our client, on the funding says:
"Capitalising a motivated seller and a time-sensitive opportunity, we swiftly orchestrated a solution using bridging finance, ensuring completion within a tight four-week window. Securing 65% LTV financing for the property purchase, we strategically leveraged additional assets by arranging a second charge against his residential flat in London, which boasted substantial equity".
For further information on how Christie Finance can help you and your business – Contact the experts:
Alex McMillen
Finance Consultant
M: +44 7756 875 221
E: alex.mcmillen@christiefinance.com