Business Property Relief - IHT

Hi

I wonder if anyone can confirm as to whether or not shares in a company that produce bridging loans would be classed as an investment company so would not get business property relief. I have looked at the case of Rhoda Phillips 2006 and this estate secured the relief because the loans were to companies.
I am looking at bridging loans to individuals where interest is charged on the loans. Can anyone suggest any cases or anything or definitive answer.

Thanks
Lisa

Is CTM 61530 of any value?

See also Brennan v The Deanby Investment Company Ltd 73TC455.

Malcolm Finney