Finance Focus – Case Studies

The bank was approached by an experienced south coast developer to provide funding on three completed schemes to enable him to refinance his existing Bank who were withdrawing from the lending market. The schemes comprised a mix of high specification housing and flats in good locations. Very quickly after the refinancing took place the client…

Our customers were in the final stages of a substantial refurbishment of their £3m home when they required a short term loan to complete the final works to their kitchen and bathrooms. Our customers had an existing mortgage of over £800,000 but having satisfied ourselves as to the amount, nature and cost of the outstanding…

Our customers had owned a country estate for more than 30 years. The estate, valued at over £7m, was no longer appropriate for them and they found a more manageable property which suited their lifestyle. They were very keen to secure it in the face of competition but their existing property would require prolonged marketing,…

An experienced property developer and investor was introduced to us with a view to funding a development of eight flats in East London. The developer’s previous bankers were unwilling to support any further developments of flats and so the client was looking for a new, flexible funder. The site was an old public house close…

We enabled a long-established haulage company to purchase a used trailer fleet from a multi-national group, from whom they were taking over a number of large contracts at short notice. The trailers were specialised and required detailed industry knowledge to properly value and assess the loan requirements. Using our in-house expertise, backed up by our…

A well-established crane hire company wished to refinance a balloon payment due on one of its mobile cranes. The original funder had long since pulled out of the asset finance market, leaving the company with the prospect of having to sell the crane. We were able to quickly carry out a full inspection of the…

A businessman, for whom we had previously completed a development loan facility, approached us for a loan on behalf of another of his companies. The purpose was to fund a land purchase in India and provide some short-term working capital. The transaction was time critical. The borrower company owned a property in the United Kingdom…

Our customers had converted a large residential property into five high-quality flats. One flat had been sold by the time the development finance loan term expired. The terms offered by the existing lender for an extension would have penalised the customers if they were unable to sell more flats in the near future. A nine-month…

We helped a long-established manufacturer of agricultural equipment to develop a new market for its conveyor belt products, which had traditionally been used to handle potatoes and other root crops. The directors had recently diversified into airport baggage handling equipment but the extended product range required further funds. Our knowledge and good experience of the…

An existing customer specialising in haulage was looking to expand its business. A local competitor had recently failed, opening up opportunities that could only be exploited with additional kit. The failed company’s equipment had been repossessed by its asset finance provider and the customer had identified the equipment which would enable it to service specific,…