SDKA has completed their tenth and eleventh bridging loans for a repeat direct customer, with recent £357,500 and £266,500 facilities bringing the total lent to over £2.5m.

The Commercial loans were used to acquire retail units in Stratford and Tower Hamlets respectively, both of which were purchased at auction on 28-day payment terms.

The property and business professional has partnership agreements with both Co-op and Nisa throughout the UK, often acquiring premises with additional land to build or refurbish houses and apartments.

The loans were completed at a fixed rate of 1% per month over 12 month terms at 65% LTV. With a portfolio in excess of £25m, exit will be realised through repayment.

The customer said: “Completing our eleventh loan with SDKA says everything about the relationship we’ve built. The team genuinely understands our strategy and works with us as a long-term partner, not just a lender. Their speed, transparency and reliability continue to set them apart.”

Kunal Mehta, managing director of SDKA, added: “Repeat custom is a true measurement of service levels, and we have a healthy proportion of customers who use us time-and-time again. This is because personal service, relationships and customer care are the pillars of our business.”