BloomSmith is there to provide VAT funding on real estate transactions. BloomSmith was formed in 2015 to address funding and LTV shortfalls in the lending market similar to the funding and LTV shortfall that we are witnessing today. Short term cash requirements need to be met, even if they are short term, and a VAT specific lender with property experience did not exist.
BloomSmith lend without a charge. They lend mainly to experienced borrowers who understand the benefit of how an intelligent transaction structure is preferable over a fixed legal charge.
The company has many years of investment, development and lending experience and works directly with Investors, Developers, Developer Contractors, Funds, Banks, Bridging lenders, Real Estate and Tax Lawyers, Accountants, Real Estate Advisory firms, Finance Brokers, Fund Monitors and of course, always people.
