Funds required to support the auction purchase of a former bank in Lancashire

The Project

The client, who had recently completed another case with us, required funds to support the auction purchase of a former bank in Lancashire.

The Approach

A quick completion on the bridge was needed to allow the client to secure the property, this would then allow them to focus on their plans to obtain planning permission for their intended project.

The Outcome

We successfully completed on the funding, providing a Gross Loan Facility of £196,000. The client now has the security of a 12 month loan term to allow them time to finalise their future development plans.