£5.5 Million Commercial Bridging Loan for Office Conversion

• Client: UK-Based Developer
• Property Value: Circa £8,000,000
• Loan Amount: £5,500,000
• Type: Commercial Bridging Loan
• Timeframe: 18 Days

Global Bridging Finance was approached by a UK developer seeking short-term funding to acquire and convert a commercial office building in a prime London location. The property, valued at approximately £8 million, had been on the market for several months, but the client required immediate access to capital to secure the purchase and initiate refurbishment plans.

Traditional commercial mortgages were not suitable due to their extended approval processes and rigid lending criteria. The client needed a bridging solution that would provide speed, flexibility, and certainty of completion within a tight timeframe.

Leveraging our extensive network of specialist lenders, Global Bridging Finance presented indicative terms within 48 hours of the initial enquiry. The loan was structured at £5.5 million, representing a competitive loan-to-value ratio, and secured against the property. Remote valuations and experienced legal teams were deployed to expedite the process, ensuring full compliance and effective risk management.

The facility was approved, and funds were released within 18 days, allowing the client to complete the acquisition and begin conversion works immediately. The bridging loan provided the client with the flexibility to refinance or sell units upon completion, aligning perfectly with their short-term funding requirements and long-term investment strategy.

This case demonstrates Global Bridging Finance’s ability to deliver tailored commercial bridging loans for high-value, complex transactions, combining speed, expertise, and market knowledge to achieve successful outcomes under time pressure.