Urgent Refinance of an Office Building

Urgent Refinance of an Office Building
Funded: £74,000
Location: Glasgow, Scotland
Property Type: Commercial
Funds For: Commercial Bridge
Timeframe: 12 Days

Our client needed urgent funds to pay off a current lender whose loan was coming to the end of its term.

Lowry Capital paid off the current lender, provided additional time and funding in order for the client to complete the project.

There were challenges along the way, but Lowry Capital will always take the time to understand the client’s situation and take a view. The application through to completion was achieved in under two weeks.

Broker Comment:

"The party line from every bridging lender is that they are quick, which unfortunately isn’t always the case. I recently completed a commercial bridge for a client which was under two weeks from application to completion. We also had some challenges along the way but with a collaborative approach we managed to deliver for the client. A massive thank you to Sarah Mitchell of Lowry Capital for all your support from start to finish (and for the lovely surprise delivery of wine)!"

Mark Brown - Broker