Urgent Funding for the Refinance of a Complex Eighteen Lease Deal
Funded: £500,000
Location: Birmingham, UK
Property Type: Commercial & Residential
Funds For: Refinance
Timeframe: Client Deadline
Our client approached us at a Synergy “Meet the Funder Event” on the 21st of November with a request of £500,000 for a complex 18-lease deal in Birmingham that needed to be completed before Christmas.
The client needed funding to refinance an existing security in order to free up funds to pay creditors.
After agreeing the deal on the day, 2 different sets of solicitors were instructed within 24 hours, and working closely together, the deal was completed 5:30pm on the 23rd of December, in line with the client’s tight schedule.
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