Former gas works secures £3m bridge loan for site clean-up
A former gas works site in Tonbridge, Kent has secured £3 million in bridging finance from Secure Trust Bank Business Finance to fund remediation works ahead of a planned 144-apartment development. Real estate advisory firm FRP arranged the 18-month facility, structured at 44% loan-to-value. The pos
<p>A former gas works site in Tonbridge, Kent has secured £3 million in bridging finance from Secure Trust Bank Business Finance to fund remediation works ahead of a planned 144-apartment development. Real estate advisory firm FRP arranged the 18-month facility, structured at 44% loan-to-value.
The pos</p>