Queens Parade, Frien Barnet Road

Development exit & raise funds to purchase new site

Loan Amount

£1.6 million

structure

Commercial Loan

asset class

Semi-commercial, 3 commercial units + 7 residential units

Sirius Property Finance was approached by this developer client who was seeking funds to settle an existing development loan, while raising funds to purchase and develop their next semi-commercial site.

Sirius secured the required £1,620,000 in just one month from application to offer.

Advisor

Paul Debney Paul Debney Senior Associate, Commercial Finance contact details 0208 092 4412
07958 690 185
paul.debney@siriusfinance.co.uk
Paul came on board in 2018 to spearhead our dedicated commercial finance team, bringing with him a formidable 35 years of experience in the corporate banking industry. His extensive background includes 23 years at HSBC Bank involving the management of multiple branches, 5 years at Clydesdale Bank and 2 years working on special projects for Grant Thornton LLP. Since joining Sirius, Paul successfully pioneered the Sirius CBIL loans initiative during the difficult Covid-19 period, which was well-received by many grateful clients.

Paul specialises in assisting clients with Commercial Investment & Commercial owner occupier business, Short Term Finance, Development Finance, Unsecured Business Loans and Asset & Invoice Finance. Whilst being as accommodating and personable as they come, he is ruthless in his pursuit to secure a deal that fulfils his clients' requirements when he is acting on their behalf and as a result continues to receive unparalleled testimonials.

To discuss an opportunity with our team please get in touch.

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