0.99% @ 75% LTV - Credit Repair Bridge
Aura Capital was engaged to support a client in financial distress, facing a bankruptcy petition and a 30-day possession order on their residential property.
Client Profile
A UK national with:
£250,000 business loan
£50,000 unpaid business rent (triggering bankruptcy proceedings)
~£100,000 of unsecured debt under a Debt Management Plan
A 30-day possession order on their home from their existing lender
Objective
To refinance and consolidate all debts, annul the bankruptcy, and prevent repossession, with a view to selling the property as an exit.
Our Solution
We structured a £550,000 bridging loan over 12 months. The facility was designed to:
Repay the first charge mortgage
Clear the business loan and DMP
Settle the £50,000 of unpaid business rent required to annul the bankruptcy
Rolled up interest as the client could not service due to lack of income
Outcome
Bankruptcy petition annulled
Possession order lifted
All outstanding debts cleared
Property listed for sale as part of the exit strategy
Why Bridging Was Effective
Speed – Immediate access to capital and communication with a financial plan to creditors prevented further enforcement actions
Structure – Consolidated the clients outstanding liabilities into a single facility with fully rolled up interest
Strategy Alignment – Loan term of 12 months to allow time for the property sale timeline
Summary
This case illustrates how a well-structured bridging loan can be used to resolve urgent liabilities, protect creditworthiness, and enable an orderly exit.
Need Help?
If you’re facing time-sensitive financial issues or require refinancing support, Aura Capital provides discreet, expert bridging finance solutions tailored to your circumstances.
Contact: enquiries@Auracapital.co.uk
Disclaimer: This case study is anonymised. Outcomes may vary depending on individual circumstances. Seek independent advice before acting.
