Building up our property finance portfolio
January has been a busy time for Reto Finance, particularly having completed a number of high-profile Real-Estate transactions.
The first deal of note was to provide a significant finance package that enabled a local property developer to acquire a prime site with a view to obtaining planning permission and building out:
Loan amount of £1,680,000
12 Month term
80% LTV
Interest only with flexible payment schedule
First charge security against property being acquired
In another interesting deal, Reto Finance was able to assist with a phase bridging facility whereby we refinanced an existing loan and increased funding to allow our client to move the project forward:
Loan amount of £2,062,000
12 Month term
75% LTV
Interest only with flexible payment schedule
First charge security
These deals represent a significant milestone for us at Reto Finance and we are glad that we could work in a swift manner to conclude both transactions on tight deadlines for our clients.
We have a wide range of flexible Real Estate funding products and the ability to think outside of the box when assessing opportunities. With in-house credit decisions and a team with a wealth of knowledge in the local market, we would be happy to help with any funding requirements you may have.
Get in touch to see if we can help you!