Raising Capital Against Industrial Unit

Our client owned a large unencumbered commercial industrial premises occupied by an associated family business.

The property was valued at £1,600,000 and the clients were looking to capital raise to repay director loans of £800,000.

Neither of the directors were homeowners and accompanied by the trading business type and the industrial nature of the property meant the clients were struggling to find a lender to accommodate them despite the strong trading business accounts, the high street banks not showing any interest in the current environment

Charleston presented a case to one of our commercial lenders as an Op-Co Prop-Co basis and who are keen to lend on industrial buildings.

We were quickly able to gain agreement to lend the full £800,000 on a variable rate at 4.8%. 

Financial Package Delivered

To discuss a similar situation call one of our advisors on +441908972491