Tom Bamber assisted on the completion of a £296k commercial mortgage to purchase a 4,900 sq. ft Head Office in Berkshire. The loan has been arranged for a strong consultancy and engineering business within the Oil & Gas sector and supports the move from previously rented Head Office premises to a more suitable site.

Tom commented:

“The MD of the business approached 2XL during the Coronavirus pandemic following a strategic review of its cost base and a decision to take advantage of the P&L benefits accompanying a move of Head Office sites (given the relative low cost of bank funding versus rent paid). A market leading offer was secured despite the current environment and the transaction was completed remotely which was a great result for the client”

Mark Cavanagh, Oil Plus MD commented:

“Tom at 2XL Commercial Finance assisted Oil Plus Limited (OPL) in realising a corporate goal to move from leased work premises to become an owner occupier, and hence benefit from the P&L enhancements associated with such a move. Having secured the purchase of a suitable unit 2XL were engaged by OPL to put in place the funding required to complete the transaction.  A trawl of suiters was carried out and terms reviewed to select the best fit for OPL.  A very thorough and professional service was provided to land the most appropriate funding solution. Over delivered in every aspect of the brief.”

2XL Commercial MD Darren Willoughby commented “ It’s always a pleasure to see the team receive such glowing testimonials and to support a growing and expanding business – Toms thoroughness and attention to details is always paramount so great to see this highlighted on this completion – Well Done Tom”