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Secured Full Commercial Funding

The transaction has been an interesting opportunity for the firm to review the existing financial arrangements with Santander and to provide alternative competitive funding to take out the incumbent bank and provide sufficient funds to secure the purchase of a second trading business which is close to the purchasers existing care home. DFE Commercial is sole selling agent on this transaction and the finance broker of choice for the purchaser enabling us to be pivotal during the current due diligence process. We anticipate the completion will be by early spring 2012.