Major refurbishment of a luxury West End Restaurant
Our client, an experienced and professional entrepreneur, approached us seeking funds to help ﬁnish a basement conversion, in a state-of-the-art fashionable high-end restaurant in Mayfair, London.
Having already been let down by a specialist ‘alternative leisure’ lender, we were urgently contacted by a broker acting on behalf of the owner. We dropped everything to help out, going through the complex and detailed due diligence to ensure the loan was concluded as swiftly as possible, in order to keep the contractors on site.
A funding facility of 12 months was agreed with the client and the project was completed to exacting standards of luxury. The restaurant was able to start trading ahead of expectations and as a result, the client was able to secure a longer term facility.