18/06/2026
The exit slipped. The deadline didn’t move. 🏛️
A client’s existing bridge facility was approaching maturity on a fixed date. The original plan was to refinance onto a development facility to support the conversion of a Grade II listed office building in Leicester into 62 flats.
However, planning conditions were still being discharged, meaning the proposed development finance could not complete within the required timeframe. Missing the maturity date would have resulted in a 5% penalty under the terms of the existing facility.
Working with the client and our lending partners, we arranged a £2.44 million re-bridge at 70% LTV, completing within two weeks. This helped the client avoid the contractual penalty and provided additional time to progress towards their intended development finance exit strategy.
When an exit strategy is delayed, finding the right structure can be more important than pursuing speed alone.
📖 Read the full case study → https://a2zbridging.co.uk/commercial-re-bridge-leicester-2-44m/
📞 020 7780 0130
A2Z Bridging Ltd is a credit broker, not a lender. Finance is subject to status, valuation and lender criteria. The information contained in this post is for general information purposes only and does not constitute financial advice.
A2Z Bridging Ltd is authorised and regulated by the Financial Conduct Authority. FRN 808769.
