1st charge on caravan park

Our client was looking to raise some funds to support the purchase of a Caravan site in Shropshire.

The largest challenge with this deal was the nature of the security and that was compounded with the fact that the site had a lease length that was below what we would expect.

‍Through a proactive approach with our solicitors and the valuer we were able to get comfortable with everything that came up throughout the due diligence. The introducing broker, Imran Imtiaz of IMT financial Ltd said: "We were struggling to place this deal given the nature of the security and the lease length, but we knew FBSE Finance were flexible and they really did live up to that reputation. Myself and the client were really please and will definitely be using FBSE again.