Just completed a case (more of a ‘project’ really) where a professional firm had come under increasing pressure from its bank to radically reduce their overdraft, to the point where a deadline was looming, and it risked the future of the business. I was engaged by client to solve this one, and my involvement alone Read more about Another ‘Relieved’ Client and a Bank achieved its objective too[…]

Mounting outrage about RBS’s apparent ‘mis-selling’ of the Governments ‘Enterprise Finance Guarantee’ (EFG) scheme has been further fueled by news that the bank was calling upon the Directors of borrowing companies to repay debts which had already been repaid by the Government under the terms of the Scheme. I was once responsible for the central Read more about So what is this outrage about RBS and EFG loans about?[…]

Commercial mortgage lending can be a risky business; there’s a reason why LTV’s (Loan to Value’s) are lower and interest margins are higher than for most other types of lending. It is not unknown therefore for a lender with a broad range of lending products to make the strategic decision to pull out of lending for commercial investor clients.

A critical tool in the planning of a property development is the ‘Development Appraisal’, which sets out the financials of the project. Although a good builder knows from experience that they can build for £xxx per sq. ft., the complexity of developments now means that contingencies, professional fees and timings need careful scrutiny.