Brief

In pursuit of business expansion, our client, operating multiple commercial sites nationwide, seized an opportunity to acquire an additional property. To bolster working capital, their strategic approach involved leveraging two existing properties for the new purchase.

Challenge

The primary hurdle revolved around stringent acquisition timelines that surpassed their bank’s capabilities. Compounded by alternative options falling short of the required loan-to-value ratio, the challenge was two-fold.

Solution

Navigating this scenario, we conducted a thorough assessment of available options through our panel. Not only did we successfully meet the client’s objectives, but our solution also surpassed their current bank’s offerings, particularly in terms of competitive rates.

Outcome

With a keen focus on the utmost importance of timelines, our proactive approach and established relationships with lenders enabled us to navigate issues seamlessly. The result was a successful and timely delivery, securing the optimal loan size needed for the acquisition of their new premises.