Alternative Bridging Corporation completes £487,500 commercial term loan in Nottinghamshire
02 July 2025
Alternative Bridging Corporation has completed a £487,500 commercial term loan for a Nottinghamshire-based client, enabling the refinance of an existing bridging facility and providing funds for future investment.
The client, who owns a 20-room hotel converted from a former residential property, required long-term funding to repay an outstanding £385,000 bridging loan, reimburse a private investor contribution, and release capital for further opportunities.
The hotel, which the borrower had recently refurbished and expanded from 9 to 20 en-suite rooms, was valued at £750,000. Following the refurbishment, the accommodation is now fully operational and let on a room-only basis, generating steady income.
Alternative Bridging structured a five-year Commercial Term Loan to meet the full funding requirement, with the case completing in just 19 working days.
With the refinance now in place, the borrower has a long-term loan aligned with their business objectives, giving them flexibility to invest in new projects while retaining income from the existing hotel.
Paul Gavin, Head of Sales at Alternative Bridging Corporation, commented:
“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.”
For more information, visit: https://www.alternativebridging.co.uk/