A delay in a business transaction had left the client without available funds as they were nearing completion and committed to purchasing an investment property.
This meant the client faced the prospect of significant financial penalties, losing a deposit and the chance to purchase the property.
Y3S therefore approached HFBS on a Wednesday afternoon hoping to secure the loan before the weekend.
The lender worked quickly to approve the deal and were able to instruct the transfer of funds on the Friday.
Andrew Gage, director at Y3S Bridging, said it had always had a positive approach regardless of time constraints, despite this challenging deal.
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“We knew if we had the right partner and the right attitude, we’d be able to achieve it.
“This is not the first time we have used HFBS, so we knew we had the right partner on board.
“From start to finish, Ian and his team mirrored our own enthusiasm to get this deal done.”
Ian Broadbent, director of HFBS, concluded: “This deal was only possible due to the unique systems and processes we operate, combined with a strong working relationship between ourselves and Y3S.
“I can only praise the staff on both sides for making this happen and achieving such a positive outcome for the client.
“Teamwork at its best.”
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