Reim Capital provides £2.4m loan within seven days
By Andreea DulgheruReim Capital has completed a £2.4m loan within seven days to fund the refinance of an existing debt for a residential townhouse in Chelsea, London.
Section: Case Studies
The offshore borrower required the funding to meet a tight deadline, as the initial lender backed out during the final stage of a previous deal.
Reim Capital worked closely with Freeths and CVS to complete the case on time, and provided the 65% LTV facility on a 12-month term.
Mike Jones, sales director at Reim Capital (pictured above), said: “The ability to complete such a transaction in a such a short time was all down to the team involved.
“As well as the Reim team working in harmony, we relied heavily on our introducing broker and professional partners.”
Keywords: bridging and commercial, reim capital, bridging finance, specialist finance market, specialist finance lender, bridging lender, refinance loan, mike jones, bridging broker, sam Norris, freeths, cvs