Property: Pontyclun, Wales

Purchase price: £3,250,000

VAT facility: £650,000

Loan term: 90 days

Completion date: 4^th November 2024

BloomSmith has collaborated with Shadow Capital Partners to deliver a £650,000 VAT bridging loan for a property acquisition in Pontyclun, Wales.

With a competitive interest rate of 1.25%, this 90-day loan provides the end client with the flexibility to manage cash flow effectively during the months following the purchase process.

Reflecting on securing funding for the £3,250,000 acquisition, Hugh Ferguson of Shadow Capital Partners said: “This transaction showcases our team’s capacity to deliver premier funding solutions for our clients.

“The BloomSmith team has demonstrated exceptional diligence and professionalism throughout, and we extend our thanks for their support during this acquisition.”

Nigel Smith, CEO of BloomSmith, said: “We are thrilled to have supported this transaction by providing VAT financing that empowers the investors to optimise their purchasing power while maintaining short-term cash flow.

“We also wish to thank Shadow Capital Partners for their expertise, which facilitated a seamless lending process.”

You can also see if you qualify for a loan via our VAT Bridging Loan Eligibility Checker.