The Lender and Client:
Tuscan Capital launched in February last year. As a new NACFB patron we were delighted to work with them on a case that recently completed for one of our long standing clients.
The Deal:
The funding enabled an experienced developer facing cash-flow challenges to complete a new-build residential project by providing the funds to refinance a fully-drawn development facility and to complete the final fix-and-fit-out.
Quotes:
Post-completion, Paul Goodman said:
“It is refreshing to work with a lender whom, despite issues arising, worked hard to find solutions to lend and not simply to find reasons not to. I will certainly be looking at using Chris [Parr] and Tuscan Capital again in the future to support our client’s requirements.”
Colin Sanders, CEO Tuscan Capital, added: “Working with Goodman Corporate Finance proved a rewarding experience for the Tuscan team. They gave us space and time to find the flexible solutions to the challenges that arose, and were always on hand to provide additional information as was needed. We’re looking forward to our next successful collaboration.”