Bridgemore Capital secures bridging finance in just 48 hours

By

Chris Britto

Bridgemore Capital successfully arranged a bridging facility for their client within just 48 hours.

Late on a Thursday afternoon Chris Britto, Director and Co-Founder at Bridgemore Capital, received a call from a client looking for urgent funding.

The client required funds for business purposes and wanted to secure the loan against one of their properties. 

Chris worked tirelessly across Thursday evening, Friday and Monday to get the case over the line with the support of Lending Bridge.

They encountered several hurdles that they had to overcome quickly and efficiently.

Chris used his commercial savviness to find workaround solutions that satisfied the lender’s criteria and kept the case moving along. 

The facility was a 12 month bridging loan at 65% LTV for the amount £322,000. The funds were drawn down on Monday, less than 48 working hours since the enquiry was made.

Chris Britto said:

“Despite the many hurdles, back and forth communication and the sense of urgency hanging over us, we loved working on this case and are over the moon that we managed to deliver for this client with funds drawn down by Monday.”