tenn capital

Tenn Capital completes £1.9m refinance loan

Tenn Capital has completed a £1.9m loan for a client’s London property worth £2.75m.

The borrower, a UK company, required the 70% LTV facility — agreed at 0.80% per month — to refinance existing debt, as well as provide further liquidity to be used separately.

The client will invest the additional capital to unlock various other opportunities.

Matt Watson, CEO at Tenn Capital, said: “The deal saw us offer a hybrid bridging loan and liquidity finance solution to our client.

“Liquidity finance is a fantastic way to take advantage of projects that come your way as a high-net-worth individual, and we welcome borrowers that want to use finance in this way.”

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