Fast Property Refinance & Hospitality Business Acquisition

Fast Property Refinance & Hospitality Business Acquisition
Funded: £735,000
Location: Langport, Somerset
Property Type: Residential & Commercial
Funds For: Refinance & Purchase
Timeframe: Client Deadline

Our clients, who had been managing a thriving hospitality business, were presented with the an amazing opportunity to purchase it outright. 

It was a highly attractive, well priced and with strong long-term potential, but needed to move quickly.

With a strong understanding of the business's potential, they were eager to secure the deal.

They had previously inherited a 4-acre farm and holiday let, which they planned to use as additional security. 

However, to complete the purchase, they first needed to repay an existing charge on the property and obtain short-term funding.

Lowry Capital provided £735,000 in funding, covering both the refinance of the existing property and the business acquisition.

Thanks to our fast and easy drawdown process, our clients were able to quickly access the funds and complete the business acquisition within the timeframe

This project is a great example of how Lowry Capital’s straightforward funding solutions can help clients act decisively when time-sensitive opportunities arise.