Slough Residential Development
£3.1m CBILS Bridge-to-Sale Facility
Since lockdown, Excellion Capital advised several of our clients on CBILS* facilities.
CBILS facilities enable a maximum loan size of £5m with no arrangement fees and no interest cost.
Maple House is a residential development in the heart of Slough. The 22 apartments were designed to high specification.
Excellion Capital secured a CBILS facility of:
- £3.1m
- 70% LTV
- 0% arrangement fee
- 0% interest for 12 months
- 4 week turn around
* Coronavirus Business Interruption Loan Scheme of the British Business Bank
Tags: cbils, deal