SPDI extends Adven loans to October, adds £100k commitment
Specialist lender extends financing facility for Adven Group by three months and increases total commitment by £100,000.
Specialist Property Development Investments (SPDI) has extended its loan facility to Adven Group, pushing the maturity date to October from an earlier deadline.
The company also increased its total commitment by £100,000, bringing the aggregate facility to a higher level. SPDI, a niche lender focused on property development financing, did not disclose the original or revised loan amounts.
The extension and additional funding underscore ongoing support for Adven Group’s operations, though financial terms and conditions were not specified in the announcement. The move follows prior financing arrangements between the two parties.
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