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Coole Barns Development Ltd

Bridging Finance

Peter Mackey and his partners needed £200k to refinance a previous loan and finish their two 18th century barn conversion projects in the heart of rural Cheshire.

After assessing the proposal, Assetz Capital were able to offer a 12-month Bridging loan, tailored to Peter's needs. 

£200k

Amount Lent

12 Months

Loan Term

28%

LTV

With the loan drawdown complete and conversion deadlines met, the barns have strong interest from potential homeowners. Peter plans to exit the loan with the sale of the property.

“The Assetz Capital approach is very clear and straightforward. Everything was done systematically, transparently and with speed. Peer-to-Peer has helped us get across the finish line.”

- Peter Mackey, Co-director of Coole Barns Development Ltd