Elite Business Funding arranged a £600,000 bridging loan to support a complex land transaction in Scotland, delivering a high LTV solution where traditional lenders were unable to assist.
Client: CoCity Development
Industry: Property Developer
Location: Scotland
Service Provided: Land Bridging Loan
The Challenge
The client required a bridging loan secured against land with commercial planning permission. The funding was needed to carry out demolition works and facilitate a title split between multiple parties, both essential steps in progressing the site and unlocking its value.
This was a complex bridging case that fell well outside standard lending criteria.
Key challenges included:
- Land security with commercial planning
- Asset located outside a major city in Scotland
- Requirement for 60% net loan-to-value (above typical 50% LTV limits)
- Title restructuring involving multiple parties
- Works required prior to exit
Due to these factors, most high street lenders and standard bridging loan providers were unable to offer a solution.
The Solution
Elite Business Funding leveraged its access to specialist and private lending partners to structure a tailored bridging loan.
Unlike traditional lenders, these funders were able to take a commercial view on the asset, planning status, and overall deal structure.
We worked closely with the client and all relevant parties to:
- Structure the deal at 60% net LTV
- Address lender concerns around location and exit
- Ensure the facility aligned with the project timeline
- Navigate the complexities of title splitting
Our ability to access specialist, private bridging finance not available to most brokers was key to getting this deal over the line.
The Results
We successfully secured a £600,000 bridging loan, enabling the client to proceed with demolition and restructure the title as planned.
The funding unlocked the next phase of the project and positioned the client to maximise the site’s value.
Key outcomes:
- £600,000 bridging loan secured on land
- 60% net LTV achieved (above standard market limits)
- Complex title split successfully supported
- Funding delivered where traditional lenders declined
Need a Bridging Loan for Land or a Complex Deal?
If you’re struggling to secure funding through traditional routes, Elite Business Funding can help. We specialise in bridging loans, land finance, and high LTV lending, including cases that fall outside standard criteria.