Another Great Project Concluded with I-Commercial Finance

Development funding loan, then converted into commercial loan for our great client Shimon Rudich.

Project:

- 4-6 Coronation Walk Southport PR8

- Conversion from derelict Cinema into16 Self-Contained Luxury Service apartments.

- Purchase price £150k

- Development costs £900k

- GDV £1,45m

- Re-mortgage £1m

- Predicted Cash flow £240k pa.