TAB has completed a £5.85m bridging loan in London, delivering a 24-month facility designed to provide speed and flexibility for the borrower.
The transaction, which carried no planning element, was structured and funded at pace, underlining TAB’s appetite for straightforward execution in the specialist finance space.
The deal was led by head of sales Michael Grant (main picture, left) and underwriting manager Chioma Amakulo (main picture, right), with legal support from Gunnercooke.
Internal teams worked to push the transaction through quickly, maintaining direct communication with the borrower throughout.
RELATIONSHIP-LED APPROACH
TAB says the case reflects its relationship-led approach, with senior decision-makers closely involved from the outset rather than relying on layered processes or call centres.
Craig Booth, Director at Abbey Capital, says: “There are not many lenders I can say are really good to deal with – but you are.”
And following completion, he adds: “I’ve just got back to read the news we have completed. Thank you to you all for your input and efforts. I messaged Michael earlier, hopefully this is the first of many we do together.”
TAB says the transaction highlights its ability to execute under pressure, combining pragmatic underwriting with clear lines of communication – a formula it believes remains critical in today’s bridging market.
