The lender was approached by Capital & Equity, whose client required a loan at a high LTV within a week.

The borrower was looking to refinance his existing prime, unencumbered commercial unit (pictured above), which had multiple tenants in situ, in order to raise funds to invest in his business and complete a new development.

The client – who has a large portfolio of properties – needed a seven-day completion to prevent any disruption to his business and new development schedules.

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Wayne Hicklin, senior underwriter at Aspen, worked with the client and Capital & Equity to complete the case within 10 days.

“From our very first conversations with the team at Aspen, we were impressed with their professional and straightforward approach, great products and excellent service,” said Keith Robinson, director at Capital & Equity.

“Their process is without doubt one of the most simple and effective available, this ensures applications complete in a prompt and efficient manner, essential when working with clients who have strict deadlines to meet.”