<
p>Brokerage, Adapt Finance, and lender, Capital Bridging Finance, came together to ensure funds were released for a client before Christmas.
The deal came about after Adapt Finance was told by a prominent lender that it would be unable to complete their acquisition application before the holiday period.
Fortunately, underwriter at Capital Bridging Finance, Iain McCarrell, stepped in after an enquiry from Stephen Burns at Adapt was made on 16th December and they were able to release the funds on 23rd December.
Commenting on the case, Stephen Burns thanked the work done by Capital Bridging after the original lender put too many unnecessary obstacles in the way.
“Due to the client’s requirement to complete before the Christmas break we decided the best course of action was to look to place the application elsewhere,” said Stephen.
“We spoke to Iain and were able to furnish him with enough information to convince him this was a quality case from a quality client. Capital Bridging pulled out all the stops and it was a sterling job all round.”
Ian McCarrell commented: “Our solicitor’s worked closely with the borrower’s solicitor to achieve the swift completion; we could not have achieved such a result without their prompt input.”
Managing Director at Capital Bridging, Keith Aldridge, said: “The Capital Bridging proposition is centred on the relationships that all stakeholders need to have with each other,”
“This case was a prime example of the commitment Capital Bridging makes to ensuring all parties are aware of the urgency of the situation and the need for proactive response at all time.”
Brokerage, Adapt Finance, and lender, Capital Bridging Finance, came together to ensure funds were released for a client before Christmas.
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