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Birmingham Post
Birmingham Post
Business
Hannah Baker

Poole finance firm agrees £1.5m loan for Bath property deal

A Poole-based property finance specialist has delivered a £1.5m bridging loan to help a developer secure a Bath-based residential deal.

MSP Capital said it agreed the loan with Juno Developments in the fastest-lending turnaround in its 41-year history.

According to MSP, securing the funds in less than 24 hours meant Juno was able to press ahead with acquiring another development site for a block of apartments in the Somerset city.

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