London Belgravia Specialist Finance

London Belgravia Specialist Finance and Alternative Bridging complete £1.3m regulated bridging loan




London Belgravia Specialist Finance (LBSF) has completed a £1.3m regulated bridging loan in collaboration with Alternative Bridging Corporation.

The loan was complex, given its regulated nature and unusual exit strategy, and was required to support a time-sensitive business transaction.

Matthew Underhill, a senior broker at LBSF, introduced the case to James Bloom, divisional director at Alternative Bridging.

Following a quick underwriting process, Alternative Bridging funded the client’s loan at 57% LTV, with agreed terms over 12 months at a 0.9% monthly interest rate.

James Mole, director at LBSF (pictured above), said it had been a pleasure working with Bloom and Alternative Bridging. 

“They are willing to go the extra mile to make sure a case gets over the line in a specified timeframe,” he added.

Bloom commented: “We were delighted to assist this client of London Belgravia Specialist Finance. 

“We have a very close relationship with them, and their knowledge of the market and attention to detail is second to none.”

Earlier this month, the London Belgravia Group officially launched the specialist finance brokerage to provide debt and equity fundraising for businesses, HNWIs, portfolio landlords and entrepreneurs. 

 

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