Huge Profit on Commercial Property

Mr. Johnson wished to purchase commercial unit at £3,750,000 to sell at a significant profit approximately 3 months later. The customer did not have accounts for the business to verify that sufficient income was available to service the loan, however had a provisional contract to sell the building at £6 million. Blue Horse Finance raised 100% of the purchase price as a short term (bridging loan )at 1.5% per month, enabling the customer to complete the transaction and yield a potential profit in excess of over £2 million.

Helping raise that extra cash

Mr. Hassan had negotiated to purchase a public house at £230,000. He had approached his bank for a Commercial Mortgage loan, which they agreed to fund at a maximum £150,000. Our customer required additional funds for stamp duty, fees and working capital, therefore required a total facility of £170,000. The value of the property was quoted at £200,000 and Blue Horse Finance were able to raise the full sum required at £170,000, being 85% of property value.

Helping you realise your dream

Mr. and Mrs. Langford wanted to move out of the city for a change of lifestyle and purchase a small guest house in Cornwall at £495,000. The business was run down, and the present owners were not able to provide financial accounts for the business to prove any of the income. The customers decided to keep their existing residential property, which they would let out. Their house was worth £250,000 and they had a £95,000 mortgage. Blue Horse Finance was able to raise the full purchase price at £495,000 plus fees and some working capital to enable the customers to realise their dream.

Building a great future

Mr. Andreas developer found a plot of land to purchase at £150,000 and on which he needed to spend a further £425,000 to build 5 houses. The houses were projected to take approximately 6 months to build and sell and were to be worth £195,000 each on completion. The clients had just £25,000 in cash as most of their money was tied up in other projects. Blue Horse Finance arranged 100% of the entire cost of the development (i.e. £575,000) and arranged for the interest to be rolled up during the project to further aid cash flow. The project was completed successfully and the customer made a profit of over £250,000 from their minimal capital outlay.