Hope Capital facilitates their largest loan deal
Merseyside’s bridging firm Hope Capital has reported that it has facilitated a £3.3 million load for a the purchase of a large mixed-use building.
Over the course of the three month loan duration, major refurbishment and redevelopment works will be undertaken on the property.
Chief executive of Focus Commercial John McNamara brokered the deal, saying:
“Once again, Hope Capital has delivered service, speed and reliability. We have placed clients with Hope Capital before and we knew this loan would be more than double Hope Capital’s usual maximum loan size, but we had the confidence and trust in Hope to approach them as they are a flexible lender, which takes a positive commercial lending view. “
Jonathan Sealey, chief executive officer of Hope Capital, said:
“Hope Capital is expanding rapidly, having doubled its loan book in the last year. As the credibility and reputation of our company grows, we are seeing increasing demand for higher loan sizes.”
Words: Peter Cribley