REIM Capital completed £1.1m bridge loan in Kent
Updated: Jun 13, 2022
Client: Experienced Property Developer
Location: Kent
Loan Type: Development Exit
LTV: 70%
Loan amount: £1,100 000
Timeframe: 3 weeks from enquiry to drawdown
--
The loan will be used to refinance the current development finance lender, giving the client more time to sell the remaining units.
We would like to highlight that working with experienced borrowers is the key to completing a deal in an efficient and timely manner, which we were able to do so with this particular deal.
Do you have any questions or queries that we can help with? Reach out to a member of our team at info@reimcapital.com