Finance

The Ethical Property Company secures £27m financing from Lloyd's green initiative

By 2018-04-24T16:09:00

Nov 16 2

The Ethical Property Company has secured a £27m financing package from Lloyds Bank to support its growth, including a £15m development loan to fund its new East London project The Green House.

The package, lent by Lloyds Bank Commercial Real Estate’s Green Lending Initiative, comprised of a £10m term loan, a £2m revolving credit facility and the dedicated development loan.

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