HBI Capital funded £755,000 of bridging finance on a Somerset hotel by building on the existing valuation and due diligence.

The 65% LTV loan was secured against a converted bungalow in outer London.

The £47.2m facility was agreed at 78% LTC and 65% LTGDV.

The £4.5m land bridge represents a 50% LTV over an 18-month term.

The £490,000 auction purchase facility completed at 75% loan-to-value.

The loan is secured against a multi-asset portfolio of high street retail units and includes an element of stabilisation.

Commercial finance covered most of the £3 million shopping centre purchase, leaving a shortfall that the £1.5 million bridging loan closed.

Inspired Lending's £822,000 developer exit finance loan refinanced a Sydenham developer's borrowing and released funds for other projects.

The facility was secured against the property at 66% loan-to-value.

The £3.9m loan runs for 16 months at just over 65% loan-to-gross development value.