Don't invest unless you're prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 mins to learn more.
Menu
Don't invest unless you're prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 mins to learn more.
Client’s circumstances: The client owned a car leasing company which, due to rapid expansion, urgently needed more space. The client approached Mustard to raise funds to purchase a former public house on the outskirts of Leicester City Centre, with the intention of converting it into office space to accommodate the company’s growth.
Mustard’s service: Mustard was quickly able to provide the client with a first charge loan of £220,999, with a 6 month term and a LTV of 61.4%.
The result: The client was able to purchase the pub and complete the conversion into an office space, to operate the car leasing business. The client repaid the loan on its maturity date by refinancing into a commercial mortgage.
