GB Bank provides tailored funding of up to £20 million for UK companies, individual investors and foreign nationals

GB Bank has completed a £3.5 million refinance facility in partnership with Silver Oak Capital Debt Advisory for an expatriate client based in Monaco, secured against a prime residential asset in Bayswater, London.

A central requirement of the transaction was to refinance the property without the need for assets under management, a condition often imposed by private lenders in similar cases. The structure of the deal added further complexity, with the asset held within a British Virgin Islands entity.

Despite the cross-border and offshore nature of the case, GB Bank was able to progress the transaction through its in-house lending team, supported by its established panel of solicitors, to deliver the refinance within the required timeframe.

GB Bank provides tailored funding of up to £20 million for UK companies, individual investors and foreign nationals, including borrowers operating through complex ownership structures or with non-standard requirements.

Pankaj Thukral, CLO at GB Bank, said: This deal showcases the strength of our international lending capabilities. We were able to understand the client’s position, and remove unnecessary barriers, to deliver a solution that respected the timeline, complexity, and structure of the transaction.

GB Bank was chosen as the preferred lending partner due to our ability to move quickly, combined with our specialist understanding of expatriate and offshore lending, and our commitment to working collaboratively to deliver the deal within the required timeframe, he added.

Connor Dooley, senior associate at Silver Oak Capital Debt Advisory, said: Working closely with the GB Bank team ensured a smooth and timely completion despite the cross-border complexities. We are grateful for the collaborative mindset and common-sense execution, particularly from Adnan Ali, whose leadership was instrumental in delivering a successful outcome.