Alternative Bridging Corporation has structured and completed a £4.5 million loan package for a returning client, dividing the total sum across three distinct facilities to refinance and fund a diverse portfolio of properties in the North of England.

The funding arrangement covered a blend of commercial and residential assets. It included the refinance of an existing commercial bridging loan secured against a number of investment properties, a development exit facility for a residential scheme, and acquisition finance for a pre-let retail and office investment.

While the scope and complexity of the transaction might have put off a number of lenders, Alternative Bridging took a different approach by deconstructing the borrower’s overall requirement into its component parts. By analysing each element on its own terms, the lender was able to construct a tailored solution that met the client’s full funding needs without overcomplicating the process.

Paul Gavin (pictured), head of sales at Alternative Bridging Corporation, said the key to the deal’s success lay in clear communication and methodical structuring. “Successfully delivering a complex deal like this isn’t magic, it is experience. We sat down with the client to fully understand what was needed, then identified how we could split the requirement into three straightforward loans.

“We agreed terms quickly, obtained updated valuations where needed, and moved to issue the individual loan offers. From there, our underwriting team worked closely with our legal partners and the client’s solicitors to deliver each element smoothly.

“The result was a delighted client and a broker who we’re proud to continue supporting.”

The deal is the latest in a string of developments for the lender, which recently expanded its commercial bridging offering to deliver greater flexibility on mixed-use and semi-commercial property transactions. It also comes on the back of securing a £150 million funding line to support continued growth in its residential bridging business.