Tenn Capital has completed a £9.7 million loan on a large, single residential house with land outside of London. The 18-month loan was granted to a private company.
Tenn Capital were able to understand a complex situation and deliver funding to the client. The borrower’s broader circumstances were all considered, including the value of the borrower’s business interests, company performance and future cash flow to support the approval of the loan.
Great work by the Tenn Capital team and all our advisors saw the significant transaction completed in the first week of the year. The deal was particularly complex given the asset, the type of property and the structures involved in the deal. We were nevertheless able to cater to the needs of the client and complete the transaction quickly.