Sancus was recommended to the Borrower via an existing relationship with the Sancus Gibraltar team.
The Borrower owned an investment property in Gibraltar which was being sold to finance the purchase of another building.
The sale of the property had fallen through as the purchaser failed to raise a mortgage in time, so it was put back on the market but the Borrower needed to purchase the new property within a certain timeframe to ensure they did not lose it.