Bridge
Equity Release bridging loan
loan amount £1,600,000
gearing 23% LTV
structure Bridge
asset class Commercial
An equity release was achieved by taking out a bridge loan on an commercial income producing asset in Dagenham. London. The warehouse, showroom, and offices served as collateral for an 18-month term, with an option to extend for an additional 6 months. The interest was capitalised over the loan term.
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