Recognise Bank has completed a £1,697,500 bridging loan to help a long-established West Yorkshire manufacturer acquire two of its operational industrial units.

The £801,500 bridging loan was structured at 70% LTV over 12 months to support the acquisition of a four-storey Victorian mixed-use property in Liverpool.

Recognise Bank has completed a £2.66m bridging finance facility to support a regional developer's redevelopment of a former social and recreational site in Burnage, Manchester.

Recognise Bank has completed a 15-month bridging loan for a mixed-use acquisition in Canterbury.

Recognise Bank has completed a £700,000 bridging loan secured against a Chelmsford workshop and storage complex, refinancing existing debt for an experienced commercial...

The 10-month loan completed at 75% LTV, enabling the redemption of three existing facilities at the same time.

The bank agreed the facility at 70% LTV, equating to 77% of the purchase price for the vacant commercial property.

The deal follows a £556,000 residential bridging loan announced by the bank earlier in January for a London investment property.

The £556k loan completed at 27% LTV on a twelve-month term.

The bank funded the deal at 70% loan-to-value, providing £1.825m for the London property acquisition.