Karis Capital has facilitated a £5.5m refinancing package for a long-standing property investor seeking more flexible lending terms on a major industrial estate in South East London.
The transaction enabled the client to move from a high street lender to a challenger lender, raising additional capital to support further acquisitions and expand their commercial portfolio.
The bespoke structure was tailored to accommodate a 10-unit industrial estate, where two units are operated directly by the client and the remaining eight sit within an OpCo-PropCo arrangement.
Paul Debney (pictured), director of commercial finance at Karis Capital, sourced a facility that refinanced two existing loans: one linked to the OpCo-PropCo structure and one traditional commercial investment loan.
The chosen lender provided full approval for the interest-only facility within seven days.
The OpCo-PropCo element completed in four weeks, with the wider commercial investment loan completing within six weeks.
Debney said: “It has been truly rewarding being able to support and deliver on this bespoke deal, especially having the capacity to efficiently meet the client’s needs and expectations with no compromise in such a short period of time.
“The client came to Karis as a returning investor, placing full faith in us that we would be able to fulfil their request without exception, trusting us to prioritise their long-term financial strategy when it came to expanding and strengthening their commercial portfolio.
“This deal holds testament to the extensive business relationships that we nurture from start to finish at Karis Capital, working quickly and effectively with each investor to achieve their goals, no matter how challenging or complex.”
