Our clients were experienced business owners and company directors with a strong income profile and substantial personal and business assets.
Our clients were experienced business owners and company directors with a strong income profile and substantial personal and business assets.
Their wider financial position included business interests valued at approximately £1.5 million alongside total assets approaching £4 million. The clients were actively focused on expanding their commercial operations following the recent acquisition of a restaurant chain.
The clients required additional funding to support the continued growth and expansion of their newly acquired restaurant business.
Their objectives were:
The clients required a structured bridging solution that would refinance the existing borrowing while simultaneously releasing capital for business investment.
This case involved several complexities that required careful lender selection and strategic structuring.
The existing first charge mortgage had to be repaid in full, meaning a second charge structure was not an option. In addition, the funding was required partly for business purposes, while the transaction itself was highly time-sensitive.
The clients also had a complex income structure involving salary, dividends, and business income streams, requiring a lender comfortable with a more detailed financial assessment.
The proposed exit strategy relied on the future sale of property, meaning the facility needed to provide sufficient flexibility throughout the term.
We arranged a tailored regulated bridging loan designed specifically to refinance the existing mortgage and release additional capital for business expansion.
The funding solution included:
The structure enabled the clients to refinance their existing borrowing while unlocking additional capital to support the continued growth of their restaurant business.
We carried out a detailed assessment of the clients’ financial position, income structure, and wider business objectives before structuring the bridging facility.
A suitable lender was sourced that could accommodate the refinance requirement alongside the business-purpose capital raise within a single first charge structure. Careful consideration was also given to the proposed property-sale exit strategy to ensure sufficient flexibility throughout the loan term.
Given the time-sensitive nature of the transaction, communication between all parties was managed proactively to ensure the funding progressed smoothly and completed within the required timeframe.
This hands-on approach enabled the clients to secure the required capital quickly while maintaining control over their wider financial strategy.
The bridging loan completed successfully, enabling the clients to refinance the existing mortgage and release substantial capital for business expansion.
As a result, the clients were able to:
Conclusion:
This case highlights how bridging finance can provide an effective solution for business owners looking to refinance existing borrowing while simultaneously unlocking capital for commercial growth.
With the right lender relationships and strategic structuring, bridging finance can help clients access substantial funding quickly in situations where traditional lending may not be suitable.
The relationships we build with our customers are incredibly important to us. Hear what they have to say, and learn why people across the UK rely on Rapid Bridging time and time again.
“We actually never thought it would happen because on paper it looked like it was impossible. We tried almost everything and eventually, it was Andrew and Rapid Bridging that was able to help us solve the issue.”
“Without Andrew, I’m pretty sure we wouldn’t be able to finance this development so easily.”
“Andrew sorted all our problems out. He sorted every little thing that we needed to be done… seems to just close every door and sort everything out for us.”
“Without Andrew’s help, the trust would have gone into
liquidation and lost everything — and I mean everything.”
“We were unable to get a loan anywhere. Nobody would fund building the house. We then approached Andrew who was unbelievably helpful. He was the only person who would even entertain the idea of trying to help”.
“Andrews nature and experience allowed for him to cut through some problems that we found with the other professionals. IE the solicitors and the banks”.
“Without Andrew, I would’ve lost the property. This would’ve caused no end of issues not just personally but for my business as well. Without Andrew and services, I would’ve lost everything”.
