Completed Deals

A selection of our completed deals.

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Development Finance

Date: August 2019

Location: Bath

Description: We assisted with £750k development finance to fund the refurbishment and extension of a Grade 2 listed building derelict house. Following completion the development finance was repaid, refinanced and increased to £1million for a further 5 years to enable client to establish an AirBnB business and to enhance capital value

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Development Finance

Date: July 2019

Location: Bath

Description:  We assisted a developer with £2.5million of lending with 75% LTV to re-pay expired development finance to enable properties to be marketed for longer to achieve the sale price.  We were able to reduce the cost of the debt and extend the time for the client to sell rather than having to sell at a reduced price.

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Development Finance

Date: June 2019

Location: Frome, Wiltshire

Description:  We assisted our client in funding the development of 25 smaller industrial/commercial units in Frome, Wiltshire. Smaller units were identified due to a shortage in the local market place.  This enabled local business to purchase/rent much better quality and better located accommodation for their businesses.  In fact, 75% of the units got pre-sold during the development.

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Development Finance

Date: May 2019

Location: Cornwall

Description: A developing and contracting building company approached us for support for demolition of a pair of semi detached bungalows for construction of 4 detached houses laid out over 3 floors.  Competitively priced funding with straightforward conditions was arranged with a High Street bank enabling building to commence.

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Commercial Mortgage

Date: April 2019

Location: Isle of Wight

Description: Approached by client who had identified premises that he wished to purchase to operate own photographic business from to provide larger space for framing and increased storage space.

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Asset Finance

Date: March 2019

Location: Newton Abbott

Description: Asset finance sourced for a new limited company needing a lifestyle vehicle for outside training events

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Asset Finance

Date: February 2019

Location: Bristol

Description: Purchase of a café where finance was needed to meet the purchase price, SWBF was able to secure a £17600 Asset finance deal over 36 months against the fixtures and fittings of the business.

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Business Acquisition Finance 

Date: January 2019

Location: Bristol

Description: Majority shareholder looking to exit established successful trading business employing 5-6 staff. Staff who wished to purchase the business and needed finance towards this, unsecured loan of £95,000 over 60 months agree to help with buy out cost.

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Bridging Finance

Date: December 2018

Location: Bath

Description:  SWBF was approached to generate an additional £300,000 of working capital for a Wine Distributor. Following a comprehensive review it was decided to use an unencumbered Buy to Let property to generate the funds by way of a 12 month interest only Bridging Facility.

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Raising Finance on Commercial Units 

Date: November 2018

Location: Bristol

Description: An established property developer and investor, with unencumbered properties and demonstrable experience and income was unable to be supported by his existing Bank due to age. Following an opportunity to purchase property for development, funding was raised for purchase on commercial units and against the rental income which enabled target property to be purchased.

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Bridging Finance

Date: October 2018

Location: Bath

Description: Following an urgent request from a partnership client requiring a loan facility to assist with the purchase of development land, SWBF arranged the provision of a £105k bridging loan within 20 days of the original request.

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Bridging Finance

Date: September 2018

Location: Swindon

Description: SWBF assisted with a short term loan to enable the client to purchase, renovate and sell a residential property in Swindon.

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Asset Finance 

Date: August 2018

Location: Bristol

Description: A client was referred to SWBF after their High Street Bank was unable to assist with the purchase of a trading business in Bristol.  We arranged for the fixtures and fittings (soft asset element) of the business to be funded via Asset Finance funder over a period of 3 years

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Invoice Finance

Date: July 2018

Location: Bath

Description: Craft Brewery business unable to obtain working capital funding from their bank. SWBF successfully arranged the provision of a new £250,000 Confidential Invoice Discount facility to assist with the growth of the company.

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Commercial Mortgage 

Date: June 2018

Location: Bath

Description: Commercial Mortgage Loan arranged to provide our client with a £700k facility, representing 100% of the purchase cost

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New Business Set Up Finance

Date: May 2018

Location: Bristol

Description: Experienced business man, looking to set up new bar, needed finance to complete the new premises totalling £90,000.  SWBF worked with the current bankers and asset finance lender over 36 months to fund the fit out & soft assets of the set up.

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Working Capital Bridging Finance

Date: May 2018

Location: Bristol

Description: SWBF was approached to generate an additional £300,000 of working capital for a Wine Distributor. Following a comprehensive review it was decided to use an unencumbered Buy to Let property to generate the funds by way of a 12 month interest only Bridging Facility.

If you want help securing funding for your Bath, Bristol or
South West based business, call us on 01225 800849

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