Arc & Co. secures £1.2m bridging loan for BMV acquisition


Vishal Dixit Arc & Co

Specialist debt advisory firm Arc & Co. has arranged a bridging loan for the acquisition of three below market value units from a housing association.

Vishal Dixit, lead advisor in the transaction, obtained the loan at 74% LTV and 98% loan-to-purchase, requiring a 2% equity contribution from the borrower.

The £1.2m facility is for a term of 12 months, at a rate of 1.09% per month.

Vishal commented:

“It was important that we reduce the equity stake in the purchase as much as possible, given the client’s plans to refurbish the properties using their own capital.

Utilising our extensive network of lending partners, we were able to negotiate favourable terms that fit the borrowers’ requirements, getting the deal over the line inside of four weeks.”