Speedy loan expedited to save a deal for the client!

Funds required urgently as a term loan was due to expire. An existing deal with another bridging lender fell through prompting the broker Andre Bartlett at Capital B Property Finance to source alternatives.

The bridging loan was needed to complete minimal renovation works on a semi-commercial property in London, but the term lender wouldn’t re-finance until the renovations were completed on the property.

SDKA provided a loan for £1.085m, over 12 months, completing the deal within 10 days.

Andre of Capital B commented “We just had to take a moment to express our immense gratitude to SDKA for coming through for us when we needed it most. When another lender suddenly changed their terms on a bridging loan offer, adding extra fees and hiking up the rates, we were left scrambling for alternatives. That’s when Steve Allen from SDKA kept persistently suggesting we give them a shot. We decided to take Steve’s advice and give SDKA a try. And wow, were we blown away by the exceptional service we received! From start to finish, the process for our semi-commercial property deal was seamless and efficient. Incredibly, it all wrapped up in just 10 days!”