£4.5 Million Commercial Bridging Loan for Office Redevelopment

• Client: UK-Based Property Developer
• Property Value: Circa £6,500,000
• Loan Amount: Approximately £4,500,000
• Security: Commercial Office Building, Birmingham
• Purpose: Redevelopment and Refurbishment
• Timeframe: Completion in 21 Days

Global Bridging Finance was approached by a UK property developer seeking a fast commercial bridging loan to acquire and refurbish an office building in Birmingham. The property, valued at around £6.5 million, had strong redevelopment potential; however, the acquisition window was tight due to the vendor's urgency and market demand.

The client required £4.5 million to complete the purchase and begin initial refurbishment work immediately. Traditional commercial lenders were unable to meet the deadline, as lengthy underwriting, valuation, and legal processes would have delayed the acquisition.

Leveraging our extensive network of specialist lenders, we identified a provider comfortable with the commercial nature of the property and the client’s development plans. We structured the bridging facility to provide a 70% loan-to-value (LTV) ratio, allowing the client to move quickly while ensuring sufficient capital to commence refurbishments immediately.

Our team coordinated with solicitors, valuers, and the lender to expedite approvals, utilizing desktop valuations and streamlined documentation where applicable. This approach enabled completion within 21 days from the initial enquiry, securing the property before competing offers could emerge.

The bridging loan was structured with a clear exit strategy, allowing the client to refinance once the refurbishment was complete or sell the property at its increased value. This ensured both flexibility and security for the client throughout the short-term funding period.

This case demonstrates Global Bridging Finance’s expertise in commercial bridging, delivering fast, tailored financing solutions that enable clients to capitalise on investment opportunities in competitive property markets.