The client had planning permission to build a high quality industrial and office building in the grounds of their current business premises.
The client was struggling to obtain the funding they needed. Their bank and other lenders could not meet the timeframe or provide the funding in the required structure.
The lender has a unique development model providing clients with flexible and easy to draw development finance.
The lender was delighted to help in the ground-up development of a 30,000 sqft industrial unit and new office building. The client had tenants lined up which would generate a strong income in the region of £350,000 pa, and were keen to complete the build as soon as possible.
Funded: £2,400,000 Property Type: Industrial & Offices Funds For: Development Timeframe: 7 Stages
No matter how difficult or complex your funding requirements may seem, we would love to talk and establish if we can help. A fresh pair of eyes can make all the difference.
We have a range of over 200 lenders in our financial toolbox, in most cases we can achieve a result. If we can’t, we will not waste your time. Contact an Aura Finance specialist today.
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