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| Companies
located offshore for the obvious tax benefits
are carrying out more and more residential and
commercial property transactions. Most lenders
in the UK however have difficulty when faced
with lending such an entity without the
additional security of a personal guarantee from
the beneficial owner, often defeating the whole
purpose of restructuring the transaction in this
manner. We however understand this market and
have lenders who will lend on a non-recourse
basis at competitive rates linked to LIBOR.
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