Contact Number: +44 (0) 33 3303 4681

Speed and certainty for a time-sensitive deal

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Stockton-on-Tees

“Bridge Help promised speed and certainty which meant my client was happy and that’s the most important thing to me.” Saam Lowni, founder and managing director of Merryoaks Property Finance.

With just a three-week window to secure a business unit purchase, finding a commercial bridging finance provider that could deliver against the timeframe was paramount for Saam Lowni’s client.

Three years earlier Saam’s client had secured a purchase-based option agreement on a unit on Evolution – Wynyard Business Park, a high-tech office development based in Stockton-on-Tees. An increase in market value in the intervening years, meant the deadline to complete the purchase at the original agreed price could not be missed.

With a complex, time-sensitive deal on his hands, Saam was introduced to Bridge Help by a colleague.

Saam explained: “Faced with the impending purchase deadline as well as non-responsive seller, we needed a funder that could promise speed and certainty and Bridge Help delivered on all fronts.”

Saam worked with Bridge Help’s BDM Phoebe Sellars to get the complex deal over the line. She said: “The deal involved a lot of fast-thinking that needed to be done under pressure but that’s what we specialise in, and I knew we had the skills and experience in Bridge Help and our wider team of valuers and specialist property solicitor to deliver it.”

Saam added: “The fact that Bridge Help’s decision maker, Chris Sellars, has a legal background combined with an entrepreneurial approach meant he was able to see beyond the risk, pull together the right team and get the deal done for my client.

“My client was incredibly happy and that was absolutely the most important thing for me.”

“This was a phenomenal result for everyone involved,” added Phoebe.

If you’re looking for commercial bridging finance for challenging and complex deal, get in touch with our expert team on 033 3303 4681 or apply online today.

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