Commercial Refinance of Multi-Let Industrial Unit, and Additional Funding for Investment.

The Requirement:

One of our corporate clients required our assistance in commercial refinancing of a Multi-Let Industrial unit they owned, as well as looking for finance for additional investment opportunities.

The Interesting Stuff:

We knew the corporate client very well and had supported them on numerous projects previously. They approached us to assist with a large request, not just to refinance on a commercial mortgage but to help raise funds needed for investment opportunities.

The commercial industrial units had lots of short leases associated to them, however our experience allowed us to know which lender would be the best to go to.

The chosen lender looked at the demand for the industrial unit location and took a commercial view on the nature of the type of tenant occupying. them.

The lender provided a loan of up to 65% loan to value, and it was on a 25 year term at 3% over based with no debenture required.

How we helped:

Our full understanding of the different lenders in our panel, help us approach the right lender from the offset.