Repeat success: £800k funded for returning client completed in just 5 weeks.
Overview
A returning borrower approached London Credit to raise capital for his semi-commercial property, which he intended to inject into a self-funded development. Flexibility was essential.
Key Loan Terms
Loan Amount:
£800,000
Loan-to-Value (LTV):
32%
Term:
12 months
Security:
Semi Commercial Property, London W4
Purpose:
Capital Raise
Completion Time:
Within 5 weeks
The Outcome
London Credit supported a returning client who needed to raise funds to complete a development within their portfolio. The development was self-funded up to that stage, and the remaining balance was supposed to come from the proceeds of a sale which fell through.
Client Testimonial
"We were impressed by the professionalism and efficiency from our previous experience with London Credit, so we returned without second thoughts for our next project".
