Acre Lane Capital has completed a development exit bridging loan on a newly refurbished residential property in Hertfordshire, enabling the borrower to raise £360,000 in working capital for their next acquisition.
The borrower, who had self-funded the refurbishment, sought a short-term facility to release equity from the unencumbered asset. With the property already on the market, the aim was to unlock funds while maintaining flexibility to sell or refinance on their own terms.
The facility was completed within three business days following the return of legal searches and was priced at a 9% interest rate. The lender said the terms reflected its focus on delivering competitive, fast-acting solutions for experienced developers.
Amir Khan, business development manager at Acre Lane Capital, said: “This is exactly the kind of deal we love supporting—an experienced borrower with a strong asset, clear plan, and a need for speed. We were able to step in quickly, offer a market-leading rate, and raise capital to keep their momentum going. Once the searches came in, we had the deal over the line in three business days. It’s a great example of how we back our borrowers when timing really matters.”
The loan was structured to allow the borrower to exit the facility at their discretion, either through sale or refinance, while enabling immediate reinvestment into their next project.
