SDKA completes largest loan to date of £3.75m

By Bridging Loan Directory 16th October 2024

Bridging lender, SDKA has announced the successful completion of its largest loan to date, a £3.75 million development exit loan secured against a project of nine newly built homes in Preston.

This milestone 12-month loan is above their published maximum loan value, demonstrating that SDKA can offer the flexibility of decision-making on the right deal.

The deal was introduced by broker Adapt Finance, who played a pivotal role in facilitating the agreement.

Adapt said:

“Working with SDKA on this deal was a great experience.

They are a standout and enthusiastic lender, always going the extra mile to meet the client’s needs, living up to their #welovetolend brand.

The support provided by the entire team at SDKA was phenomenal; communication is what makes SDKA a pleasure to deal with.”

Kunal Mehta, Managing Director, SDKA, added:

“A big thank you to our institutional funders for their ongoing support.

SDKA is committed to being flexible, fast, and client-focused, and this deal is a testament to that.

I’m incredibly proud of the hard work and dedication shown by our entire team in making this happen.”