Entries by George Shillingford

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SECURED LOANS TO FUND FIT-OUTS

In a tough lending environment, prospective borrowers are increasingly being asked for security to support funding applications for fit-out projects, particularly in sectors which might be susceptible to future lockdowns, such as hotels, restaurants and leisure businesses. In lending parlance ‘secured’ typically refers to charges over bricks and mortar premises, not, as some assume, to […]