GP’s financial health improved!

Problem

A client was looking to raise capital urgently to buy out the retiring partner of a large GP Medical Practice and refinance the existing Royal Bank of Scotland facility. However, to be able to do this, he required a 100% loan to value facility which is notoriously difficult to obtain.

Solution

Using the extensive relationships built up over many years with various Lenders, we were able to source a Lender that was able to provide a 100% loan to value facility of £1.2 Million that was required for the client and this took less than 4 weeks to be approved.