The inaugural facility funds the development of a branded drive-thru unit alongside 16 EV charging bays.

The project combines long-term leases with major occupiers in both the retail and energy sectors.
 
The transaction was introduced by Luke Rutherford at Vault Commercial Finance, with legal support from Brecher LLP, valuation by Allsop and monitoring by MDA Consulting.

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Tim Mycock, lending director at HTB, said: “The developer’s experience and delivery capability make them a natural fit for this type of structured funding approach. 

“The framework we have established allows both sides to work with a clear, consistent process for each site, reducing duplication, accelerating delivery and ensuring every facility is shaped around the borrower’s wider strategy.
 
“We are seeing more experienced developers moving towards programme-based funding as a way to manage multiple sites efficiently while maintaining flexibility. It is an approach that requires confidence in the relationship and confidence in the structure, and this deal reflects both.” 

Luke Rutherford, director at Vault Commercial Finance, said: “It has been great working with Tim Mycock and Beth Rungay at HTB on this deal. 

“Their proactive approach, clear communication and commitment to getting it completed have really been head and shoulders above the rest. We have faced challenges on similar developments in the past, so it has been especially rewarding to see this one come together so smoothly thanks to their hard work.”