Maslow Capital proudly backed Bicton, a development of 5 bedroom houses in a village near Shrewsbury. Split into two phases, Maslow Capital became involved when the borrower was planning to undertake the second part of the phases. Maslow Capital financed the repayment of an existing Bridging Loan on phase one, that in turn allowed higher gearing on the second phase; this enabled the borrower to complete phase one and two successfully.
The Bicton development lies in a predominantly rural area, with a range of local facilities in the village with and further shopping and leisure outlets in the nearby Shrewsbury town.
“Maslow financed the repayment of an existing Bridging loan to enable both phases of the scheme to be completed”