We provided a £1.68m bridging loan to create SME business hub in Cornwall 👏

The funding will enable the acquisition and refurbishment of an established commercial site, transforming it into a high-quality workspace designed to accommodate a diverse range of operators. Once it is completed, the business park will provide a long-term home for local SMEs, helping to meet a growing demand for suitable commercial space while supporting employment and economic resilience within the local community. The refurbishment programme will upgrade multiple units to a high standard, delivering modern and efficient accommodation in a market where supply remains constrained. Upon completion, the scheme is expected to generate an annual rental income of approximately £270,000, providing a strong foundation for tenant sustainability and long-term asset performance. This rental profile supports a clear refinance exit strategy, with exposure during the term of the facility capped at 65% LTV. The structure reflects our approach to risk while enabling projects that deliver meaningful real-world outcomes.