Member Article

Nimble Approach to Add WOW Factor

When first time property investor overspent on a profitable refurbishment project, she was left short of available cash to complete the property for sale.

After approaching several lenders who were willing to lend money, but nothing as small as five thousand pounds - preferring to loan a minimum amount of 25 thousand pounds minimum, she turned to Holme Bridging Finance Solutions to complete the job.

Ian Broadbent, director at HFBS says: “It was clear the development only needed five thousand pounds to see it to a very profitable completion, which was a win, win situation for our client and our return. We are the only bridging company to provide such small loans and are very happy to provide it. We would never encourage a client to borrow more than they need.”

HFBS were able to approve and transfer funds within seven days without reference to restrictive rules often placed on lenders by their own funding, no solicitor involvement, resulting in a quicker and maximum return for the client.

HFBS Bridging Solutions have been advancing short-term funds, via a limited panel of intermediaries, for over 15 years. With no bank or hedge fund borrowings they have complete authority to lend in a flexible manner, unlike many of their competitors, to meet a client’s needs.

This was posted in Bdaily's Members' News section by Holme Finance Bridging Solutions .