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RETIREMENT VILLAGE FINANCE


Client:  A new client with a rapidly growing portfolio required finance for the development of a retirement village worth £30 million GDV. This client was introduced to Coreco Commercial Finance for advice in order to replace current short-term debts exceeding £1.5 million.

Requirement: £2.5 million was needed to replace an existing bridge & facilitate ongoing developments. This area of finance is an extremely niche lending type and a specialist lender with a good grasp within this area of finance was required to make this work. The scenario was somewhat complex, but with solid connections between the lender & Coreco Commercial the client was able to complete within 2 weeks of instructing legals. Coreco Commercial & West One can pride themselves in knowing they provided an exceptionally high level of service to the client.

Broker: Julian Ingall

 

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