providing long-term financial stability

We were introduced to a roofing company with an urgent need to secure approximately £1.4 million to buy out an outgoing director.

Time was critical, as they had financial obligations to meet, and securing the funds quickly was essential.

Despite having resolved all liabilities from a previously wound-up company, their history made lenders hesitant, adding complexity to the funding process.

We acted quickly. Leveraging our strong relationship with Together Money, a lender known for its flexibility in handling complex cases, we secured a bridging loan against the business premises, allowing the company to access the £1.4 million they needed.

At the same time, we worked with NatWest Bank to explore a long-term exit loan. Despite initial concerns due to the company’s history, NatWest took a proactive approach, engaging with us to assess the full picture. Through a series of meetings, we gathered all necessary documentation and facilitated the loan process.

Thanks to close collaboration between Forecast Finance, NatWest, and the client, a formal funding application was submitted. Within a short timeframe, NatWest approved a 15-year loan with fixed interest payments, enough to fully repay the bridging loan and provide long-term financial stability.

This process, which took approximately eight months due to its complexity, ultimately delivered a successful outcome. The company transitioned from short-term funding to a sustainable financial solution, eliminating previous financial pressures.

With a solid banking relationship now in place, our client can focus on business growth with confidence.

This result highlights the value of strong lender relationships and the proactive approach we take at Forecast Finance to support our clients.

Bridging for a Startup Business Injection

Our client, a UK national with a solid credit history, approached us seeking funding to inject £100,000 into his startup business. However, the challenge was that his business had not yet generated any income, leaving traditional financing options unavailable.

The client’s main asset was an unencumbered £400,000 studio flat in London, which presented an excellent opportunity for unlocking capital through bridging finance.

 Given the urgency to secure the funding, a bridging loan was identified as the ideal solution.

We successfully arranged a loan of £104,500, covering the £100,000 business injection and associated costs.

The loan was structured with flexibility to ensure the client could focus on growing his business without the pressure of monthly repayments.

The bridging finance provided the freedom to concentrate on business development during its early stages. The client’s exit strategy involved selling the studio flat, using the proceeds to repay the loan. This approach not only gave him immediate access to capital but also ensured a smooth repayment once the flat was sold, offering a clear path forward as he expanded his business.

Secured against the client’s unencumbered studio flat in a prime London location, the loan took advantage of significant equity in the property. To ease cash flow concerns, the interest on the loan was rolled up, meaning there were no monthly payments.

The loan was approved and completed in just five weeks, even over the Christmas period, demonstrating the speed and flexibility bridging finance can provide in urgent situations.

Commercial Mortgage for a Scrap Yard

Our client was introduced to us as they were looking to buy out the director of a business who planned to retire. Due to the complexity of the transaction and the client’s need to open a holding company while receiving tax and legal advice, we decided that a temporary, partial payment to the outgoing director was the best way to start the process.

Together Money was selected as the lender for this deal, and we worked closely with them to ensure that all parties were happy. The lender provided indicative terms that were agreeable for the client, secured against the company property.

A 12-month loan of £530,000 was quickly agreed, with the exit to be a term loan provided by a separate lender which Forecast Finance are also arranging.

This transaction was completed within six weeks of initial introduction and the client was very pleased with the outcome.

Bridging loan to fund urgent structural repairs

A returning client of Forecast Finance approached us looking for a short-term bridging loan against a property that needed urgent structural repairs. Originally, this property was to have a term loan raised for it, but the valuation report identified structural issues that needed immediate repairs.

A bridging loan was agreed to help the client refinance away from the existing lender and cover the necessary structural repairs.

We identified Together Money as the best fit for our client, and they worked closely with us to rapidly progress the case, even allowing for a retype of the valuation and engineer reports, saving significant time and money for our client.

A full loan amount of £903,000 was agreed on a 12-month term, with £650,000 going to the outgoing lender and the remainder being used on the structural work.

As a result of this loan, the property was repaired and put on the market. Since then, a sale has been agreed with a buyer, and a portion of the proceeds of this sale will pay off the remainder of the loan.

The client was thrilled with the service and the outcome.

Bridging Loan for a Property Renovation

Our client was looking for a bridging loan to help fund the purchase of a detached bungalow that they would renovate and later sell on for a profit.

The client was relatively new to the process of refurbishing properties having previously only completed one project before.

We worked closely with our client to guide them through the process, taking time to understand the plans they had for this property, which had a purchase price of £267,500 and an expected value of £350,000 post renovations. The client had the available cash to pay for the refurbishments themselves.

We identified a lender that would provide the required funds with a reasonable rate and wouldn’t mind our client was living in rented accommodation, rather than being a homeowner for security. This loan was offered with 0.85% monthly interest and an 18-month term which would be paid upon the sale of the property. All the details were finalised in one month.

The client had this to say about our services:

“Working with Forecast Finance was a breath of fresh are in an area of business usually filled with poor communication and delays. They not only helped push forward the finance side of the purchase but went above what was expected in communication with solicitors.

Everyone that I interacted with was professional and reliable and I would recommend Forecast Finance and will be using them in the future.”

£700,000 Loan for New Home

Our client was looking to purchase a new home with a value of £1.85 million. He needed a loan worth £700,000 to put towards the purchase of the property, with the remaining cost to be paid through a variety of other income channels including savings and investments.

The client’s existing home had a value of approximately £2.35 million and was previously the matrimonial house for him and his ex-spouse. This home had borrowing and charges against it which reduced the overall equity to about £1.27 million, and it was due to be sold when the client’s ex-wife moved into her own property.

This existing home was expected to sell quickly and, together with the lender, the client agreed that the money generated from that sale would go straight to the lender to pay off the loan. The lender did not want a charge against this property as security for the loan due to the complexity of agreeing this deal with both the client and his ex-spouse.

A loan of £700,000 was agreed on a 12-month term with 0.9% per month of retained interest.

Regulated Bridging Finance for Property Auction

We were approached by a broker with a client looking to purchase an auction property with a strict deadline. The client had an existing home in Leicestershire but were looking to relocate and had not yet found a buyer for their current property, which meant they did not have sufficient funds to purchase the new property she had fallen in love with immediately.

Our client exchanged with a 10% deposit on the property, which had a total purchase price of £325,000. The auction house set a 28-day completion deadline, so we immediately set to work identifying possible solutions that could help our client cover the full cost.

Using our regulated panel access, which provided us with exclusive products on the financial market, we found a lender who could offer a quick underwriting process and an automated valuation.

We organised a loan with a net value of £290,000, managing all the paperwork and processing the application ourselves as the introducing broker was unable to offer advice or support on regulated products.

With the result being that our client was able to complete the purchase of their dream property.

£700,000 Bridging Loan

Our clients were looking to downsize from their existing home and managed to find their dream property in the process. Since they didn’t want to miss out on this property but hadn’t yet sold their previous home, they needed a bridging loan that allowed them to purchase their new house early.

Additionally, our clients wanted a further £100,000 loan that would be used to cover a variety of home improvements and Stamp Duty Land Tax. Using both the existing and new properties as security, we provided a £700,000 loan to cover both the value of the new property and the additional loan amount required.

This loan was provided at a 48% LTV on a 12-month term with a retained interest rate of 0.59%. This bridging loan was organised swiftly to ensure that the client was able to secure the property they wanted without issue which would be repaid upon the sale of their existing property.

£3.7m Bridging Loan

Our client, an experienced developer, had just finished building 10 holiday lets in Devon. He approached us directly to enquire about a high value bridging loan that was needed to repay his current development finance facility and outstanding loans from his business partner.

After discussing the situation with the client, Tuscan Capital was selected to help organise this loan. Tuscan were the best fit for our client due to the size of the loan and the promise of the initial development. Working closely together, we agreed upon a 0.85% a month interest rate over a 12-month term, which would be paid back once the client had established revenue streams.

The client had a strict timescale due to the nature of the development and needed access to the funds as soon as possible. From the point of initial enquiry, a full loan deal was agreed in just eight weeks, and the client was able to fully focus on attracting visitors to the new properties.

£250,000 Bridging Loan

Our client was looking to sell one of his buy-to-let properties as quickly as possible to cover the legal costs from his divorce. A condition of his divorce stated he needed to remove his ex-wife from the deeds first, so a short-term bridging loan was identified as the correct solution. He was initially referred to us by an Introducer.

The bridging lender we thought most appropriate offered the client a competitive rate and the ability to complete the transaction within the required time frame of five weeks.

A loan of £125,000 against his property worth £250,000 was raised, allowing the client to redeem the current lender, cover his existing loan costs, and remove his ex-wife from the deeds. The terms offered were over 12 months, with the interest being retained, meaning the client would not need to service the loan throughout the term period.

Despite incurring a few delays, including waiting for the necessary, signed documents from the client’s ex-wife, the legal process was smooth, and the client was very pleased with the outcome.

The Introducer earnt £1,905 from this loan deal.