Our client sold units in his property development and needed access to the cash before transfer

The client is a residential developer and sold units which transferred upon completion. He wanted an advance of the proceeds before transfer.

Paragon setup a bridging facility for the client against the units already sold but not yet transferred, allowing the client access to funds which was used to complete further units.

Our client purchased a new house and wanted to fund the deposit from the sale of his old house

The client purchased a new house while selling his old house. He planned to pay the deposit for his new house from the proceeds of the old house, but there was a delay in the sale of the old house.

Paragon setup a bridging facility for the client against the proceeds from the sale of his old house, allowing him access to the funds and pay the deposit on his new house.