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The 12-month facility gives time for the borrower to prepare the portfolio for refinance
The facility gives the company access to flexible working capital
New educational initiative combines funding expertise, practical learning and ongoing support
The borrower has been managing the Shropshire country house hotel for many years
The SPV plans to convert a commercial property into an 85-bed care home
The new lower limit applies to both standard and drawdown products
The restructured team will provide enhanced support for the bank’s intermediaries
First deal completed as two further revolving credit facilities enter legals
He joins the Aldermore team from a director role at United Trust Bank
Broker searches reveal growing focus on employment history and credit-impaired borrowers
The loan allows the borrower to transfer the properties to a new SPV
The property’s condition rendered it unsuitable for a conventional mortgage
He brings more than a decade of experience in underwriting and sales
She will take responsibility for sales and underwriting for both areas
Hong Kong-based lender targets faster property deal completions
The facility provides flexibility to invest, refinance debt and grow a property portfolio
As the pre-construction phase grows ever longer, lenders must find ways to keep projects moving
The lender has reduced pricing across its light and heavy refurb products
No Valuation bridge provides breathing space for developer
The sponsor will use the funding to enhance occupancy and rental performance