Industrial Unit Finance Bedfordshire
We were approached by a business who had tried to go to their bank for funding, however, had been declined despite being customers for many years.
The client had only 4 weeks to complete the mortgage.
The property had been occupied by the tenant for many years and our client also sublet some of the space to other tenants in the building.
Located in Bedford.
The Interesting Stuff
We completed our full due diligence on the client preparing all the financial information.
Our assessment included analysing the accounts and providing an analysis of the last 3 years of information.
Through adding back non-associated trading costs and using the rents we were able to demonstrate the client could meet the interest and repayment on the loan.
The loan was submitted to the chosen lender and the facility was approved in 48 hours with just the valuation required.
Once the valuation was instructed the loan completed within 10 working days.
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Being armed with all the relevant information at the outset.
Providing the highest standard of service for both our clients and lenders.
Ensuring that the long-term goals of our clients are at the heart of everything we do.
Utilising our experience & relationships together with technology to improve the journey of our customers.