Commercial Investment Loan

23 September 2019

An experienced property investor came to Cambridge & Counties Bank to help fund the purchase and conversion of an existing care home.

  • Care home refurbished into residential apartments
  • Security worth £1.5m in Kent
  • Deal approved within 5 days of receiving application

With the help of our funding, the customer was able to purchase the care home and use further funding from the Bank to convert the property into 4 residential apartments. Upon completion of the loan, we were able to offer a term loan to the customer allowing the subsequent letting of the apartments.

To find out more about our Property Finance, please contact our Relationship Management team.