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£11.5m refinancing of converted office block secured for complex ownership structure
Silbury provides additional £33 million loan for 292-home Old Kent Road residential scheme, taking total facility to £101 million
Construction starts on £140m 24-storey Battersea tower
Recognise Bank has announced yet another strong month, with £27 million lent via bridging loans alone. The lender has also shared a flawless 100% broker satisfaction rate, along with a Net Promoter Score (NPS) of 84 according to this year's post-completion surveys.
This record lending amount comes just weeks following on from a strong first financial quarter which saw over £40 million in bridging lent to a variety of UK based property companies and investors. “Bridging remains a key product for Recognise Bank and we’re delighted with the positive response we have received from our partners and customers,” said James Meigh, director of lending at Recognise. “I’m particularly proud of the speed in which we can respond to enquiries and facilitate requests, with many complex deals in the last month being completed within just two weeks," he added.
Call Trinity Specialist Finance to secure funding on 020 7016 6151 or book a consultation
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