TAB completes £5.85m bridging loan with 24-month term

TAB has completed a £5.85 million bridging loan, providing a 24-month facility structured to give the borrower flexibility and certainty of execution.

The loan was delivered without a planning element and completed at pace, reflecting TAB’s pragmatic, relationship-led approach to bridging finance.

The facility was designed to support the borrower’s objectives while ensuring a smooth and efficient transaction process from enquiry through to funding.

The deal was introduced by Craig Booth, Director at Abbey Capital, who commented:

“There are not many lenders I can say are really good to deal with, but you are.”

I’ve just got back to read the news we have completed.

Thank you to you all for your input and efforts. Hopefully this is the first of many we do together.”

The transaction was led by Head of Sales Michael Grant and Underwriting Manager Chioma Amakulo, with legal support provided by gunnercooke.

TAB’s underwriting and operational teams worked closely with all parties to ensure continuity and clear communication throughout.

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