Developer Exit Loan £10.8m

Developer Exit Loan £10.8m for an experienced Developer competitively priced at 9.9% per annum alongside Mezzanine Loan £130k to refinance existing senior debt facility to allow more time to sell and achieve the highest possible GDV. The client commented as follows:

‘We have worked with PCF on several transactions over the last 15 years and they have always delivered the finance as quoted and on time. They are easy to deal with, highly responsive and when required very creative in funding the optimum solution. They recently structured a competitively priced Development Exit Loan alongside a Mezzanine Facility on our latest new build scheme in North West London. Mark and Jake’s skill sets combine extremely well and together they make up a formidable broker team and are a pleasure to do business with!‘ 

The exit funding was provided by Shawbrook, who commented as follows:

“Working with Mark and Jake Sarratt from PCF has always been a pleasure. Their dedication, professionalism and expertise have consistently ensured that their clients receive the best possible service. Working collaboratively, we have successfully navigated complex transactions and delivered outstanding results. It’s a true partnership and here at Shawbrook we value this immensely, especially with one of our original Strategic Broker Partners.”