🌞 €3.45m Bridging Loan in France 🌞
Interbridge has arranged a €3.45 million bridging loan for a heritage building located right in the heart of Paris, France and valued at €5.3 million.
The borrower was looking to release equity from his Paris property with speed to renovate and occupy. The proposed exit strategy is to refinance with a long-term solution once the works are completed. We call this transitional solution “Bridge to Refinance” which enables the client to create significant financial flexibility when cashflow is urgently needed.
Interbridge completed the loan in 8 weeks with an initial term of 6 months but the flexibility to extend by up to a further 12 months allowing the client to explore refinancing options.
This loan re-affirms that Interbridge is the premier European arranger of innovative transitional capital solutions. At Interbridge, we understand the importance of empowering our clients to move to a better financial future by structuring flexible and timely funding.
We eagerly look forward to witnessing the successful realisation of our client’s plans.
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