Quantum by Bridgebank Capital has completed a £7.73m short-term loan advance for a BVI registered company.
The loan facility, secured against a Central London residential investment property, has been advanced for a period of six months.
It will be used together with funds invested directly from the borrower to settle a bank facility that had been in dispute for a number of years and which had caused the company to be placed into administration.
In addition to overcoming the complexities involved with lending to a BVI registered company with a non-domiciled beneficiary and complex trust structures, Quantum by Bridgebank Capital was required to complete the loan within a limited.
Carl Graham, sales director at Quantum by Bridgebank Capital, said: “The team at Quantum by Bridgebank Capital are committed to working closely with our borrowers, their professional teams and our own professional partners to ensure that we are able to fulfil borrower requirements on all cases.
“The experience and expertise within the team enables us to fully appreciate the requirements of a case and structure a facility in line with these.”