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Road to Completion

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Completion

We make deals
happen

There are many reasons you may want a commercial loan and at WonderLoan.co.uk the expert finance professionals will move Heaven and Earth to get you the ideal funding package for you and SUPER FAST too!

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250+

loans successfully completed

100M

successfully arranged

55+

returning borrowers

11 days

Average completion time

Recent Borrowers

We’ve recently successfully helped a number of borrowers, here’s a few case studies to see what we’ve been up to.

Ms Williams

Ms Williams was a seasoned landlady and had 14 properties in her growing portfolio. She wanted to buy a vacant block in Acton London for £1.69M. She used a proportion of her existing portfolio to use as security and we funded 100% of acquisition costs.

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The Welling Family

Owners of a hotel set in 34 acres with river and fishing rights close to Aberdeen in Scotland. The hotel had been a huge success up until the pandemic struck and depleted their profits. Since lockdown has been lifted they’ve seen a surge in bookings and now have a circa 93% occupancy and forward bookings for next 9 months. The hotel is valued at £6M with Bank debt and Overdraft of £2.1M. The owners wanted to extend the offering and build 18 timber lodges within the grounds alongside the river. They requested £4M which was granted and the deal closed in 5 weeks.

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Mr & Mrs Johnson

Mr & Mrs Johnson- wanted to purchase a closed public house and convert into 28 2 and 1 bed apartments. Section 106 was agreed as a cash element. Purchase price of the pub £375k Build cost £2.78M The borrowers offered additional security on a buy to let property which meant we could arrange for 100% of purchase price and 100% build cost. The GDV was £6.2M.

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Our Partners

Frequently Asked Questions

If the deal is very straight forward we have seen deals complete within a matter of days, but it could take up to 3 weeks for completion to take place.

Yes however usually we’d ask the controlling and majority shareholders to sign a personal guarantee.

Yes, but the advance will be limited to 50% LTV.

We can advance 100%.

£150M.

Yes as long as you already have a Mortgage.

25

Providing it’s a commercial Freehold asset and neither you or your family have or intend to occupy the property you can borrow up to £5M at an LTV of 75%.

We can only arrange Bridging in England, Scotland and Wales, excluding Northern Ireland and The Channel Islands and The Isle of Mann.

Typically you’ll need to Introduce between 25-30% of Purchase price.

We can fund 100% of any VAT.

Yes, however, the rate will be slightly higher.

Yes but the rate will most likely be effected.

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    Still have any questions?
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