Portman Finance to the rescue.
An experienced property developer approached Portman Finance to assist with 100% of development costs, after his existing Bank let him down and, at the last minute, refused to lend the money. With a first charge already on the development property, Portman Finance took a practical view to make the deal work and took a second charge on his matrimonial property. The loan was repaid from the sale of the property.

A loan was provided to a private individual to assist in buying shares in a private limited company. Despite being promised assistance by a major high street bank they continued to prevaricate 8 months on. With no tangible assets in the company, Portman Finance looked to other assets belonging to the borrowers and were able to provide a loan to help complete on the purchase of the company. Repayment came from the cash flow of the company.

Portman’s record breaker for speed of deal completed.
The borrower had exchanged on the sale of a property. The exchange was unconditional and due to complete within 10 days. However, the borrower urgently required funds pending the completion for other purposes. Within 2 days Portman was in a position to release funds. The loan was secured by an undertaking from the borrowers solicitor.