South London

Development & VAT Funding

Loan
£7.5m
LTGDV
70%
Product:
Development Exit, Development Finance & VAT Funding
Lender Type:
SME Developer

Our client had a short-term liquidity crunch, where they needed to release equity from an existing site, fund a new acquisition, and the VAT element on the acquisition.

MSC secured terms on all three funding packages and successfully led the client through the legal and valuation processes, also whilst negotiations were happening with the blue-chip vendor on the acquisition.