SDKA has delivered its tenth and eleventh bridging loans for a repeat customer, with the recent £357,500 and £266,500 facilities bringing the total lent to more than £2.5 million.
The commercial loans were used to acquire retail units in Stratford and Tower Hamlets, both purchased at auction on 28-day payment terms. The borrower holds partnership agreements with Co-op and Nisa across the UK, frequently acquiring premises with extra land to build or refurbish houses and apartments.
The loans were issued at a fixed rate of 1% per month over 12-month terms at 65% loan-to-value. With a property portfolio exceeding £25 million, the exit will be realised through repayment.
The customer said, “Completing our eleventh loan with SDKA says everything about the relationship we’ve built. The team genuinely understands our strategy and works with us as a long-term partner, not just a lender. Their speed, transparency and reliability continue to set them apart.”
Kunal Mehta, managing director of SDKA, added, “Repeat custom is a true measurement of service levels, and we have a healthy proportion of customers who use us time and time again. This is because personal service, relationships and customer care are the pillars of our business.”
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