Two-year facility provides fast funding for borrower
Real estate finance and investment specialist TAB has completed a £5.85 million bridging loan on a 24‑month term, delivering funding intended to give the borrower flexibility and a quick completion timetable.
The facility, which involved no planning element, was arranged and drawn down over a condensed timescale. The lender said the structure was designed to give certainty of execution on a case that required speed and clear decision‑making.
The deal was handled by TAB’s head of sales Michael Grant (pictured top left) and underwriting manager Chioma Amakulo (pictured top right), with legal advice provided by Gunnercooke. The lender’s internal teams co‑ordinated the process from enquiry through to completion to maintain consistency of communication with the borrower and broker.
TAB said its team‑based approach to underwriting aims to provide direct access to decision‑makers, with an emphasis on clear criteria and regular updates throughout the life of a case.
The lender added that the transaction underlined its capacity to move quickly on bridging cases that require firm timelines and close collaboration between all parties, including legal advisers and the client’s representatives.
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