Case study of the week: A £4.5m urgent capital raise

*CASE STUDY OF THE WEEK* This week we showcase a deal recently completed by Russell Hall, Director in our Manchester office. This deal, again highlights the scope of what we can achieve for all types of property finance scenarios in the UK.

Russell’s client urgently neaded to raise capital in order to go ahead with an auction acquisition. Using his expert knowledge in all areas of commercial property finance, Russell was able to achieve competitive commercial short-term funding within the tight timeframe. There was great collaboration among all parties involved in the deal, including Vicky Sweeney, adviser in our Legal Indemnities team.

Russell comments: “This particular asset class is not usually considered by the funder, Interbay, but being a premier partner and ensuring a detailed credit proposal was presented at the outset, the deal was able to progress. Particular mention goes to Simon Ward, back in the hot seat at Interbay and ensuring great communication throughout. Great to see him back!”

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