Matthew Van Lorson, director of Asgard Capital, said: “We have established an excellent relationship with Omni Capital. Their entrepreneurial approach and understanding of complicated deal structures is above and beyond other lenders at this level.”
Colin Sanders, chief executive officer of Omni Capital, added: “This case highlights to good effect why professional intermediaries are of such importance to the bridging sector. Through a combined effort we were able to navigate our way through a complexly-structured deal involving a number of legal entities to achieve a positive result.
“Very few large bridging loans come without significant challenges, and this was no exception. But Omni Capital is deservedly recognised as a lending specialist in this field and one with the funds available to match its appetite. Our relationship with Asgard Capital continues to flourish, and we look forward to helping them deliver similar outcomes in the near future.”
Presented with a number of significant legal, technical and structural challenges from the outset, Sanders said Asgard and Omni co-operated to an exceptional degree to bring the highly-nuanced case to completion in a three-week timeframe.
He added: “In doing so we underscored the value of partnership between specialist lender and introducer; and delivered a satisfactory outcome for the client.”
