Refinancing of a €1.6 million Directors loan

Our Lebanese client was the Director of an SCI company which was the owner of a €2 million apartment in Paris. His requirement was to refinance a €1.6 million Director loan he had advanced to the SCI company, partly to finance a renovation works.

Refinancing of a €1.6 million Directors loan

AB Private Finance solution: we arranged a 7 year € 2 million interest-only loan secured against the property. The company Director was able to repay his loan and create a portfolio of financial assets which was deposited with the lender.