Sharon Bryden, director of commercial loans and asset based lending at Time Finance, said: "At Time Finance, we recognise the important role businesses are playing in rebuilding our economies."

It is estimated that wine has increased in value by c.127% in 10 years, making it a strong option for investors looking for alternative growth opportunities.

This capital will enable the business to expand its development lending proposition substantially, offering loans of up to £50m.

Samantha Williamson will be tasked with supporting property investors in reaching their end goal.

Magnet Capital has also recently launched a new website with the intention to help speed up the process of handling incoming enquiries.

All trail ERCs have also been removed and borrowers now only need to provide three-months’ proof of rent.

Paul Gavin has joined as a BDM for the North, with more than 15 years of residential and commercial property finance experience.

Tuscan Capital confirmed it has been able to make these enhancements following the renewal of one of its original institutional funding facilities and the introduction of a new private funding partnership.

The project will deliver 53 one-bed and 16 two-bed flats and a small ground-floor retail unit next to the Waterside regeneration project.

In the process of purchasing a second restaurant, the buyer had miscalculated the amount of money required to complete the deal and pay for renovation and the necessary change of usage costs.