Case Study –International Bridging Finance: Successfully Secured a Bridging Loan for €5M Property in Italy

Loan Amount	€5,000,000
Timeline	5 weeks
Location	Capri, Italy
Completed	December 2023

The Client

We received an introduction to this case from one of our professional introducers at a leading trust company. An Italian national was pursuing a €5 million property acquisition in Capri and sought the purchase within an ambitious five-week timeframe, presenting an intriguing challenge for the commercial lending desk. The client requested a bridging loan that would cover the entire property purchase price and needed a six-month term for repaying the debt.

Collaborating closely with the introducer, we gained invaluable insights into the client’s profile and requirements, which included the client’s objective to purchase the property through an Italian SRL (Società a Responsabilità Limitata).

The Solution

As the client required an international bridging loan worth 100% of the purchase price, we needed to offer the banks another asset. Leveraging one of the client's many property assets as collateral enabled us to obtain a reduced loan-to-value and a much more favourable rate for the client. Due to the intricate nature of the structures involved, significant restructuring was required to provide the lender with satisfactory security, which entailed relocating the jurisdiction of the holding company. This highlights the vital importance of our discovery stage, which enables us to establish a comprehensive understanding of the client's circumstances. At Henry Dannell, we aim to always provide a solution and find a means to adeptly navigate complex issues. With a comprehensive understanding of the client's profile and assets, coupled with our robust relationships with lenders, we secured an offer for a bridging loan on the international property. And, within six days from receipt of the initial enquiry. This rapid response was instrumental in enabling our client to meet the stringent five-week deadline for their property transaction.

The Henry Dannell Difference

This case stands as a testament to Henry Dannell's proficiency in high-value international property bridging loans. Our detailed understanding of trust structures, corporate ownership frameworks, and strategic debt structuring showcases how we handle transactions that can otherwise be deemed complex. This ultimately enabled us to exceed the client's expectations and facilitate the desired outcome to progress the purchase. Our network of lenders and market knowledge enabled us to support our introducer and build a tailored bridging loan as a solution for their client. The successful collaboration and timely resolution further solidified our partnership with our introducer.