Our client was able to purchase the freehold of public house that they were currently leasing due to the owner unfortunately going into receivership. They had a large deposit but needed certainty of funding for the remaining balance.

The clients were looking to raise funds to clear an existing lender as they had come to the end of their term and were being put under extreme pressure to refinance. They had not managed to finish the refurbishment project, which meant their planned exit was not easily achievable.

Our client owns a large Buy to Let property in Norwich as part of their travel and hospitality business. Due to the global pandemic their business has taken a hit and they urgently needed some additional cash to support the cashflow of their business.

The client was developing a residential property in Scotland but due to the economic climate they had to use their funds elsewhere, causing their development to come to a halt. FBSE was asked to provide the remaining £100,000 to allow them to finish off the property. The funds were drawn via two tranches.

Our clients ran out of time on their current bridge, which was taken out to fully refurbish a large property in Scotland. They were unable to finish all the works in time, with about 10-15% of the work left to be done. FBSE refinanced their existing bridge to avoid heavy default fees.

Our borrower was given an opportunity to purchase a property that they had invested some funds into refurbishing at a discount. They wanted to use that property as well as an additional charge over another asset to complete on the purchase.

Our client had a few charges on their property relating to historic business debt and they were also looking to raise some further capital to help expand their business.

Our client was looking to raise some funds to support the purchase of a Caravan site in Shropshire.