£4.6m bridging finance agreed for commercial development in Essex
Original Article Summary
<p>Arc & Co. has arranged a £4.6m bridging finance to refinance and complete a commercial development in Essex.</p>
PropMatch Curated Analysis
Arc & Co secured £4.6m bridging finance from Allica Bank for a commercial development in Essex at 65% LTV, demonstrating current market appetite for refinancing incomplete schemes with 6-month stabilisation periods.
Investor Relevance
Shows current bridging finance market conditions, lender appetite, and refinancing strategies that residential developers can apply when facing completion funding gaps or needing time to stabilise assets before long-term refinancing.
Original Source:
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