Case Studies

Recommendations: Matt Dixon of Temp Gauge Limited “Many thanks for all your help with this development loan and I look forward to using Carlton Business Finance on my next project. Geoff & Theresa Challenor, Morwenden Guest House “We would like to thank you most sincerely for your work in helping us out on a difficult situation and in finding us a lender within a short space of time and at a rate which was acceptable to us”. Andrew Gnyla of AJG Properties “As a property landlord for nearly 20 years I wish to thank Carlton Business Finance for their help over this time. Their service and support has been first class”.

HOTEL REFINANCE
Mr. W., an experienced Hotelier in the South West was seeking funds to refinance his existing mortgage to raise additional funds to help expand the hotel business.

The existing hotel had a high property value with only moderate profits and we were able to arrange a mortgage facility of £810,000 on a part projection based income basis with an interest rate of 2.5% over bank base.

DEVELOPMENT FINANCE
B. Developments Limited, needed to raise £1.5m for a residential/commercial development in the South East of England, which comprised of apartments over 5 floors with ground floor shops. We arranged 70% of site costs and 100% of build costs.

We introduced the clients to a leading development lender who provided £1.5m over an 18 month term with an interest rate of 5% over Bank Base.

PUB PURCHASE
H & S Limited, required funds to purchase the freehold interest of a pub/restaurant they had leased for several years.

As sitting tenants they were offered a discount on the open market value and we were able to arrange funding of £525,000 which was 90% of purchase price over a 25 year term.

BRIDGING FINANCE
Our clients W.A. Limited, needed urgent bridging finance to acquire a residential development site in the West Midlands.

We were able to arrange a bridging loan facility of £521,000 which completed within 10 days and enabled our clients to commence their building project on time.

SHORT LEASE BUSINESS PURCHASE
Mr. & Mrs. J. in Kent wanted to purchase the short leasehold interest on a successful restaurant/sandwich bar in Kent and as the business was only on a 12 year lease we managed to obtain £160,000 (80%) with additional security of a second charge over their private dwelling house.

COMMERCIAL INVESTMENT PROPERTY
Our clients, an offshore company based in the Isle of Man, were purchasing a large investment property in the north of England which included both student lets and some commercial units. We managed to negotiate a commercial mortgage facility of £2m (75% loan to value) with variable interest rates of 2.5% over bank base through a leading Building Society.