Location: Coventry, West Midlands

Purchase price: £3,700,000

VAT facility: £740,000

Loan term: 90 days

Completion date: 10^th November 2025

BloomSmith has completed a £740,000 VAT bridging loan for a hotel purchase in Coventry.

The 90-day funding was part of a £3,700,000 acquisition, the latest in a series of loans completed in partnership with CBS Capital – following a recent £350,000 loan in Gloucester.

Nigel Smith, BloomSmith CEO, said: “We thank Steve and CBS Capital for their exception work and professionalism during this purchase.

“CBS are a highly dependable partner, and we will no doubt continue to work together on many deals in the future.”

Read more hotel VAT bridging loan success stories here.

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