£11m PORTFOLIO REFINANCE TO FACILITATE GROWTH

The Background

Eastgate Commercial Finance received an inquiry from a new client dissatisfied with their existing banking relationship. The family business had amassed over £20m in investment properties, primarily in the student sector. Their goal was to expand their portfolio and boost rental income.

The Challenge

The client’s current facilities operated on a capital and interest repayment basis, with most of the debt tied to a variable interest rate. Unhappy with their bank’s offerings, they sought an independent review of the market to find a more supportive solution.

The Solution

Our team leveraged our specialist sector relationships to negotiate a tailored deal with a commercial lender. The new terms allowed the clients to raise substantial capital up to 75% of their property’s investment value of the portfolio. Additionally, we secured 5 years of fixed, interest only repayments, delivering stability and peace of mind.

The clients were thrilled with the results. Not only did their monthly mortgage payments decrease, but they also gained additional funds—enough to facilitate up to £10m in additional property purchases.