Bridging loan required within 48 hours to purchase shares

We received an application for a short term facility of approximately £200k in order to purchase some shares. Funds were required urgently so they could take advantage of a great deal.

Our client called us around midday on a Monday. We provided an offer within hours, and funds were in the client's bank account on the Wednesday morning.

This was just less than 48 hours from receiving the initial enquiry! In fact, funds were ready to be transferred late on the Tuesday, but the client would have not been able to do anything with them until the following morning, so we delayed sending the funds to save interest charges.