Alternative Bridging Corporation has completed a £487,500 commercial term loan for a Nottinghamshire-based hotel owner, allowing the refinance of an existing bridging facility and providing fresh capital for future investment.

The borrower, who owns a 20-room hotel converted from a former residential property, sought long-term funding to settle an outstanding £385,000 bridging loan, repay a private investor contribution, and release equity for new opportunities.

The hotel had recently undergone a comprehensive refurbishment, expanding from nine to 20 en-suite rooms, and is now fully operational, generating a consistent income on a room-only basis.

The property was valued at £750,000 following the refurbishment. Alternative Bridging structured a five-year commercial term loan to cover the full funding requirement, with the transaction completing in just 19 working days.

Paul Gavin (pictured), head of sales at Alternative Bridging Corporation, said: “This was a case where the client had already made real progress. They’d taken on the project, invested in it, and turned the property into a solid, income-generating asset.

“What they needed next was a funding solution that matched where the business was now, not where it started.

“By switching from bridging to a term loan, they’ve not only secured a more stable footing but also freed up capital to focus on what’s next.

“It was a smooth process with everyone working towards the same goal, and we were able to complete in under a month.

“It’s exactly the sort of case our Commercial Term Loan is built for. It helps turn short-term progress into long-term potential.”

With the new facility in place, the borrower now benefits from a longer-term loan structure aligned with the hotel’s current trading position, enabling continued income generation while supporting additional investment plans.