A partnership of experienced property investors, already managing a combined portfolio of 20 properties, approached Seneca via their broker. They sought a financial solution that would provide them with readily available funds; a flexible line of credit to quickly capitalise on new investment opportunities as they emerged – Seneca’s ‘Revolving Credit Facility‘
Seneca’s Tailored Approach
Our dedicated sales team worked in close collaboration with the clients and broker to review their extensive portfolio. The goal was to identify the most suitable asset to secure the required financing without disrupting their existing investments.
A semi-commercial unit was chosen as the security. We swiftly instructed one of our professional contractors to conduct a valuation. Following this, a first charge was efficiently secured on the property.
The Successful Outcome
Seneca made £201K available to the borrowers and the true value of the facility was demonstrated immediately: Upon completion, the clients accessed a substantial portion of the funds to address immediate needs. More recently, they have leveraged the facility again, drawing down an additional £60k to help secure the purchase of a new investment property at auction.
This case study highlights how Seneca provides investors with the speed and financial flexibility necessary to act decisively and expand their portfolios when time is of the essence.
Need flexible, reliable capital to seize investment opportunities?
Contact Seneca today to discuss how our Revolving Credit Facility can empower your next project.