Urgent Auction Finance Solution Provided for SME Development

Semi-detached house in east London purchased by developers at auction for refurbishment.

A small property development firm based in east London had committed to purchase a house at auction and needed to raise 75% of the purchase price urgently to avoid losing their deposit.

Tuscan Capital provided the funds in five working days, so enabling the purchase to complete inside the contract deadline.

Broker Comment...

Craig Scott (Pure Funding Solutions) said: “This was our first experience with Tuscan Capital and proved to be a smooth process as the team kept us informed throughout and delivered within the required tight timeframe”

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