Project Info
One £11 MillionTwo 25 year amortising term loanThree 2.8% over baseFour 1% arrangement feeProject Description
The brief here was to refinance and release capital from an existing portfolio of flats & commercial properties in East London.
We invited 8 banks to quote and all of them were restricted to term of 5 years; except one.
PCF presented an offer that enabled the client to park this amortising loan for 25 years unlike the others where the whole deal would need to be renegotiated in 5 years’ time.
