£2.2M Development Exit bridge processed smoothly and quickly over the summer holiday periodPosted by oblixcapital on Aug 20 2019
We’re delighted to confirm a recent completion for £2.21m on our Development Exit product. The facility was provided to an experienced developer and existing client of Coreco Commercial, who had converted three apartments into a high-standard, single unit. The transaction was turned around in four weeks and all those involved worked well to achieve this during the holiday period.
Andy Reid, Director – Intermediary and Network at Oblix Capital said, “This was a well-presented case from Guy Nyirenda at Coreco Commercial, who worked well with our BDM Mark Marlow to ensure we were able to deliver the funding in a timely fashion. This was a classic case of broker professionalism, working hand in hand with the Lender.”
Guy Nyirenda complimented Oblix, stating that it was “professional in its process.”