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TSBD Finance fund £1.825m bridge to term for a property acquisition

TSBD Finance has funded a £1.825m bridge to term facility to an experienced London landlord who quickly required capital for their next property acquisition.

The bridging facility was arranged over twelve (12) months and then TSBD Finance have agreed to term the facility into a Buy-to-Let (BTL) loan. Introduced by Matthew Martin, Co-Founder and Director at Align Property Finance Limited, the loan was completed at 70% LTV.

TSBD Finance was founded to provide lending and savings solutions designed around the needs of small and medium-sized businesses.

Paul Bagan, Senior Lending Manager at TSBD Finance, said:

“By providing a term solution after agreeing the bridging finance, we could provide the experienced borrower with certainty and confidence. This case highlights our ability to provide creative and flexible solutions to SMEs and property investors.”

Matthew Martin, Co-Founder and Director at Align Property Finance Limited, added:

“I’ve known Paul for several years and we have quickly struck up a great working relationship since Align started. I’ve been extremely impressed by the team at Recognise and by their ability to find creative solutions as and when required.”

To learn more about TSBD Finance’s business bridging loans, visit: https://www.tsbdfinance.co.uk/business-bridging-loan/

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Steve Pateman
CHAIR OF THE BOARD

Steve has had an extensive executive career in banking, leading corporate and commercial banking businesses at RBS/NatWest, managing Santander’s UK banking businesses and as CEO of Shawbrook Bank, Hodge Banking Group and most recently successfully leading the banking licence application for StreamBank.

He is a non-executive Director at Bank of Ireland both in the UK and Dublin and Thin Cats, a specialist SME lending business and is retained as an advisor to Black Lion Ventures. He was previously President of the Chartered Banker Institute.

Steve took up the role of Chair at TSBD Finance in November 2024, having served as an Investor Non-Executive Director since January 2024.