Inspired Lending has arranged \u00a31.38m in bridging finance secured against three vacant industrial units in Brixton, south London. The 12-month facility was structured at 55% loan-to-value against the interconnecting commercial properties.<\/p>\n
The transaction was introduced by Narinder Gill, senior associate at Coreco Commercial Finance. The borrower, a non-trading business, used the funds to settle third-party creditors and partially repay a shareholder loan before proceeding with the planned sale of the asset.<\/p>\n
The deal involved releasing equity from an unencumbered property within a defined timeframe. The units were formerly owner-occupied and the borrower\u2019s exit strategy centres on disposing of the asset within the loan term.<\/p>\n
\u201cCases like this ultimately rely on consistent communication and a straightforward approach, particularly where timing and certainty are paramount,\u201d said Gavin Diamond, chief executive of Inspired Lending.<\/p>\n
Diamond added that the borrower needed to address financial commitments whilst awaiting the property sale, and the lender\u2019s role was to provide a structure allowing time and flexibility to do so.<\/p>\n<\/p>\n
Gill noted that whilst the capital raise was straightforward in structure, there was a clear need for speed and certainty given the borrower\u2019s position.<\/p>\n
The transaction forms part of Inspired Lending\u2019s activity in the first quarter of 2025. In January, the firm launched a funding facility targeting property professionals and experienced investors. In March, it reduced bridging rates across its product range.<\/p>\n
The deal highlights continued activity in the bridging finance sector for commercial property, particularly where borrowers require short-term funding ahead of asset disposals. The 55% LTV reflects a conservative approach to lending against vacant commercial premises.<\/p>\n
Inspired Lending operates in short-term property finance across capital raising, acquisitions, refurbishment and development exit scenarios. The lender works with borrowers on both standard and complex cases.<\/p>\n","protected":false},"excerpt":{"rendered":"
Inspired Lending has arranged \u00a31.38m in bridging finance secured against three vacant industrial units in Brixton, south London. The 12-month facility was structured at 55% loan-to-value against the interconnecting commercial properties. The transaction was introduced by Narinder Gill, senior associate at Coreco Commercial Finance. The borrower, a non-trading business, used the funds to settle third-party […]<\/p>\n","protected":false},"author":1,"featured_media":1963,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[2],"tags":[],"class_list":["post-9659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-second-home"],"yoast_head":"\n