The borrower was an experienced hotel operator and investor, and they were looking to purchase the Wembley site, and then obtain planning for a hotel.
When the borrower made the initial enquiry, they had 4 business days to complete their purchase transaction. They had been let down by two other bridging finance lenders, and now they were stuck in a very difficult situation.
Celebrating innovation in financial services by bringing together established and start-up companies, uniting London’s FinTech Cluster. With five major themes, all focusing on the disruption of technology and innovation, FinTech Week has something for everyone. Contributing to the disruption and the intersection of financial services and technology, LendInvest made an appearance at a number of…
Montello launches bridging loan case study website Short-term finance house Montello has launched a new website to show off how bridging loans are put to work in real life.