Development Finance
Aquilae Capital has completed a 20-year commercial mortgage loan at an LTV of 60% with a challenger Bank, secured on four industrial properties. The client’s company occupies most of the four sites and specialises in commercial cleaning products. 

Reflecting the current market conditions, the transaction took almost a year to close from initial contact requiring all parties to take a commercial approach in overcoming various issues to ensure completion.

Jeremy Robinson, director of NACFB Member Aquilae Capital, commented: “The facility raises a significant amount of cash for the client, allowing the financing of new business ventures in the commercial market. We look forward to working closely with them to bring those ambitions to fruition.”