When a long-standing customer needed a loan to refinance and capital raise, we were ready to support them.
“Outstanding from start to finish.”
How we supported our customer
When Haren Shah, Financial Controller at Jenga PLC approached us about the company’s latest strategy to refinance and capital raise, we were happy to take on the challenge.
The company have a mix of BTL and HMO assets, across 78 individual properties in a complex group structure. Our Senior Relationship Director Gaynor Morgan and Amy Bristow, Lead Completions Officer, offered outstanding service to meet the customer’s tight deadline. The new loan allowed Jenga PLC to capital raise and expand their portfolio.
The customer’s view
Haren Shah - Financial Controller at Jenga PLC was delighted by the support Gaynor and the team gave to secure this deal;
“I would like to thank Gaynor and Amy for the services provided throughout the whole process. The £15M loan drawdown has been the quickest drawdown for us. We were guided through the entire process and response was always quick. Amy was helpful in getting us over the finish line nearer to completion date.
Our experience of the support you gave in arranging a portfolio refinance, was outstanding from start to finish. Looking forward to work with you in future.”
Our experience of the support you gave in arranging a portfolio refinance, was outstanding from start to finish. Looking forward to work with you in future.”
The deal
Security was on a portfolio of 78 properties – mix of BTL and HMO
15M loan drawdown
Located around M25
Fixed term 5 years, interest only
Loan term 10 years
Loan to value a mix of 75% and 65%
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