CSBF completes £800k facility for York EV charging hub
By Bridging Loan Directory
CSBF Capital Partners has completed an £800k facility secured against an EV charging hub in York city centre, marking its first transaction in the asset class.
The loan was structured at 60% loan to value, with the lender taking a view to proceed without a third-party valuation, reflecting a conviction-led approach to underwriting.
The borrower, a property development and investment company operating through a multi-entity structure, required a lender able to take a flexible and pragmatic approach.
The facility was structured to support the onward sale of the asset, providing flexibility around timing and release conditions.
Jourdan Rajwan, Director at CSBF, said:
“EV infrastructure is an asset class we have watched closely, and this deal was a natural fit.
Once we had developed a clear view of the site and the client’s business plan, a third-party valuation would have added cost and time without materially changing our analysis.
Lending from our own balance sheet means we can take that view with conviction.
We continue to look for opportunities backed by robust business plans and individuals whose mindset aligns with ours.”
The transaction represents CSBF’s expansion into EV charging infrastructure, adding to its existing lending across residential investment and a range of commercial assets.
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