“With Momenta, I got quick access to the right people, to firstly get the deal approved and secondly to iron out some specific challenges, of which there were a number…” Peter Lloyd – Salinas Corporate Finance.
Fast-Tracked Secured Loan for UK Commercial Real Estate
The Client
A seasoned UK real estate investor sought to acquire an existing commercial property. The client required swift funding to secure the asset amidst competition from other interested parties. They needed a secured loan for UK commercial real estate.
The borrower faced a tight deadline, needing to complete the purchase within 4 weeks to outpace competing offers. This urgency demanded a rapid funding solution and a streamlined approval process for the commercial real estate secured loan.
Momenta’s Bespoke Solution
Working closely with the broker, Salinas Corporate Finance, Momenta Finance acted as the lender for this deal with its ability to provide a tailored financing package and expedited approval process. Our secured loan product met the client’s needs for acquiring UK commercial real estate.
Loan Amount: £1,250,000
Loan Term: 24 months
Interest-only loan at SONIA + 7.2% per annum
Special Features:
- No exit fees
- No early repayment fees
Fast-Tracked Completion
The full credit approval granted within 24 hours, contingent upon a valuation. The entire funding process, including the RICS valuation and legal work, completed in less than three weeks. This rapid turnaround facilitated by constant communication with all parties involved, ensured that every step of the transaction was smooth and transparent. The secured loan for UK commercial real estate was crucial in enabling the borrower to secure the asset. The team’s commitment to expediency and clarity played a crucial role in enabling the borrower to secure the commercial real estate asset.
Testimonial
“With Momenta, I got quick access to the right people, to firstly get the deal approved and secondly to iron out some specific challenges, of which there were a number. All of the key people involved in the deal were readily accessible and responsive and everyone pulled in the same direction. They kept me constantly updated on progress. The lender showed flexibility in the face of several unexpected complications and got the deal completed ahead of the client’s critical deadline.”
– Peter Lloyd – Salinas Corporate Finance, part of the Synergy Commercial Finance network
Conclusion
This case study highlights Momenta Finance’s ability to deliver rapid, tailored financing solutions for commercial real estate acquisitions. By combining a competitive interest rate, flexible terms, and an accelerated approval process, Momenta Finance enabled the client to seize a valuable investment opportunity in a highly competitive market with a secured loan for UK commercial real estate.
About Salinas Corporate Finance
With more than 35 years’ experience in commercial finance, Salinas Corporate Finance is dedicated to achieving the best funding solution available, by accessing market-wide funding for all aspects of business finance. Their combination of attention to detail and creative thinking means they source and access funding, based on clearly understanding your requirement and working out the right finance solutions for you and your business. www.salinas.finance
About Synergy Commercial Finance
Synergy Commercial Finance Synergy Commercial Finance is an award-winning commercial finance broker network. Their innovative Broker in a Box offering provides all the tools needed to start and grow a commercial finance brokerage. www.synergy.finance
Salinas Corporate Finance Limited is an Appointed Representative of AFS Compliance Limited which is Authorised and Regulated by the Financial Conduct Authority No. 625035. Salinas Corporate Finance Ltd is a franchisee of Synergy Commercial Finance Ltd.
