Our client was looking to raise funds to consolidate existing debts (incl VAT and rates arrears), raise funds to carry out works on his commercial property and for additional working capital.
Security comprises of garage & forecourt, retail unit, joinery workshop and land to rear with 2 leased units.
12 months Bridging loan of £215k provided by our sister company Yorkshire Property Finance Ltd, with exit to another lender once finances have improved.
