
We will consider short term funding, secured by first or second mortgage, to provide for the restructuring of existing borrowings pending changes to a business structure or refinancing of its assets.
Repayments are structured to suit seasonal or other varying business income.
Startups considered where ability to repay our facility from future re-mortgaging or other capital can be demonstrated.
Business Refinancing - Case Studies
£750,000 bridging for working capital to expanding business. Secured by second charges over investment properties.
£500,000 each to 3 individual shareholders of property development company in Yorkshire, the advance was secured by assignment of their shareholding in the property development company.
£50,000 for hairdressers / beauty salon in Suffolk to assist with costs of refurbishment of new salon. Interest rolled up for six month term secured upon director’s barn conversion.