Location Chadwell Heath
Funding Refinance
Date October 2023
Chadwell Heath
Aquilae Capital sourced a loan to refinance a ground up multi-unit semi commercial development for a home counties developer which was at slab stage and the incumbent finance provider ceased funding. The hold up in planning and delays in discharging the conditions meant that the current facility was inadequate. This meant the developer had to look at refinancing the scheme just as the building was due to be erected. Aquilae Capital were able to find a solution with a lender commercial and flexible enough to provide a day one refinance of the current facility and sufficient additional funds for the work to start immediately.