London Credit has completed a £240,500 bridging loan to facilitate the purchase of a commercial property in Bedfordshire, just north of Luton.

The property consists of two retail units, both generating rental income from long-term tenants, including one of the UK’s largest takeaway chains.

The seller required an expedited completion to redeem an existing loan with a mainstream bank, placing emphasis on speed and certainty of funding.

London Credit moved quickly to assess the case and issue terms, responding to the broker’s request for a rapid turnaround. Close coordination between the lender, broker and borrower allowed the deal to complete within around six weeks, meeting the seller’s deadline.

The loan was structured at 65% loan-to-value over a nine-month term and secured against the commercial property.

The stability of the rental income from established tenants was a key factor in reducing investment risk and ensuring a straightforward outcome for the borrower.

Marios Theophanous, credit manager at London Credit, said: “Successful bridging relies on quick decisions and dependable delivery, and this case is a clear example of how we provide both.

“By acting promptly and working in partnership with the broker and borrower, we were able to meet a challenging deadline while supporting the purchase of a property with a strong tenant profile.

“It’s a result that shows how a clear process and practical approach can help investors complete transactions when timing is critical.”