AREA: Monaco
AMOUNT RAISED: £28 million
PRODUCT USED: Bridging loan and Lombard loan
At Bridging Finance London, we excel in crafting bespoke financial solutions for high-net-worth individuals with complex needs. This case study highlights our ability to arrange substantial funding quickly, while also securing favourable long-term financing.
Client Scenario
A Swiss family approached us seeking £28 million to refurbish their Monaco villa and invest in two business ventures in Switzerland. They needed a swift capital raise for the property works, which would allow them to rent out the villa weekly and use it themselves for a few weeks annually. The clients also required a long-term financing solution to support their ongoing needs, using a Monaco based SPV.
Funding Solution
We devised a two-phase strategy to meet our clients’ immediate and long-term requirements:
- Short-term Bridging Loan:
- Amount: £28,000,000
- Term: 12 months
- Features: No monthly payments
- Purpose: Quick capital for villa refurbishment and business investments
- Completion time: 2 weeks
- Long-term Private Banking Facility:
- Term: 5 years
- Interest rate: 2.4% per annum
- Additional feature: Lombard loan at 0.75% against liquid invested assets
We collaborated with a trusted Pan-European lender known for financing luxury assets for select borrowers. This partnership allowed us to secure the initial bridging loan swiftly, using an existing valuation from JLL to expedite the process.
Final Outcome
Upon completion of the villa refurbishment and business investments, we transitioned the clients to a 5-year mortgage loan. This long-term solution included an assets under management requirement, which the clients fulfilled by investing in bonds and equities through the bank. This arrangement provided the bank with returns while allowing the clients to borrow against their liquid invested assets via a Lombard loan.
This case study demonstrates our ability to:
- Arrange substantial funding (£28 million) quickly for high-value properties
- Provide seamless transitions from short-term to long-term financing
- Leverage our network of specialist lenders for optimal solutions
- Accommodate complex financial needs, including property refurbishment and business investments
- Secure favourable terms for both immediate capital needs and long-term stability
Our tailored approach ensured that our clients could swiftly access the capital they needed for their Monaco villa and Swiss business ventures, while also establishing a stable, long-term financial structure to support their ongoing wealth management goals.
