Via Specialist Finance Introducer – 3rd October 2017: Black Book Finance has completed a development finance transaction for £13.6m with Shawbrook Bank.
The transaction was for the purchase of an office block with consent to be converted into 74 residential units. Shawbrook agreed a dual facility, with the first tranche based on the current consent and further funds to be drawn on receipt of the revised consent, and the funding was completed in six weeks from application. Read the full story.