Unlocking Potential: How a Bridging Loan Is Transforming a Derbyshire Property into a Profitable Investment.

Bridging loan required for works to a commercial property in Derbyshire. The ground floor of the property is occupied by a trading business, our client has planning permission and is using our funds to convert the first floor into holiday lets.

Application for funds was submitted by John Waddicker at Positive Commercial Finance, £185,000 was made available to the client to complete the works to the first floor. The case was completed within the required timescales, SDKA provided a 12-month facility allowing sufficient time for the works to be completed and exited to a term lender.