Inspired Lending has assisted a high net worth borrower with their short-term business cash flow requirements by providing a bridging loan facility of £720k. The 12 month loan was secured by way of a 2nd charge against a large residential property in Surrey worth in excess of £9m.
The valuation and legals were instructed simultaneously to facilitate a speedy drawdown. The loan is to be repaid through proceeds from the sale of their unencumbered holiday home in Spain.
Ready to experience the Inspired Lending difference? Talk to one of our team today, and let’s start building towards your success together.