MS Lending Group completes £10.8m development exit loan

By Bridging Loan Directory 18th December 2024

MS Lending Group has announced the successful completion of a £10.8 million development exit loan for a valued existing client.

The Cheshire-based entrepreneur, who has developed an impressive 85,000 square feet of industrial space, sought refinancing to transition from a development facility to a long-term commercial facility while allowing time to fully let the space.

This marks the second collaboration between MS Lending Group and the client, following a previous successful project on an adjacent site.

The strong existing relationship and the team’s deep understanding of the overall site played a key role in delivering tailored financial solutions that meet the client’s unique needs.

Michael Stratton, CEO & Founder of MS Lending Group, said:

“It was great to be able to work on this project for our returning client.

Working with clients who have demonstrated proof of concept previously makes our life a lot easier and allows us to push the boat out further than we otherwise would.”

This latest deal underscores MS Lending Group’s commitment to fostering long-term relationships and delivering flexible financial solutions to support ambitious property developers across the region.