This client had unsold completed properties at the end of a large housing estate build.
During the initial period of Covid, property sales were hugely delayed. We were able to secure a Bridging Loan specifically catered for new houses, which repaid the
remaining development finance loan. Furthermore, the facility was covered under
CBILS (Coronavirus Business Interruption Loan Scheme) which meant that first
years interest and fees were covered under the scheme.
Independent Gym Operator
Client is a small, independent operator of gyms with sites across the UK. £58,000 revolving credit facility taken by the Director for a combination of