Ms L was a new developer who approached Coreco SF on the recommendation of Sarah Beeny from Tepilo.

She required bridging finance to purchase a ground floor flat in need of refurbishment which she intended to sell onwards following completion of the required works.

Short-term funding was found to allow the purchase to complete with no early redemption penalties for redeeming the loan, providing a minimum of only one monthly payment had been made. The loan was made to the clients Ltd Company.