Inspired Lending has completed a £635k facility to refinance a vacant semi-commercial property in Leicester, following the completion of major conversion works. The short-term loan supports both the repayment of an existing development facility and a capital raise to assist the borrower in preparing the property for letting.

The loan was structured to reflect the property’s updated condition and the borrower’s strategy, providing a clear route from development through to investment. The refinance facility offers additional working capital to support the letting phase.

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