Commercial Finance Case Studies

Commercial Case study one

Mr F came to us looking to purchase an existing business. He already ran a business in the same

 industry and this would

 provide further synergies. The new business also allowed him more office space to run the two businesses from, and to rent some space out to a

 complimentary business. In addition he would be able to rent the other offices within the building. Being a normal business, his accounts did n

ot show large profits, and on the surface was not able to afford to service the new debt, and his existing bank were not willing to lend. However, once we became involved we could se

e that the new business could be purchased using the EFG (Enterprise Finance Guarantee) providing a substantial deposit could be raised which we arranged from other sources. Terms were sought from our High Street bank contacts, and the best deal selected.

 After discussion with his accountant, she decided to purchase the business in a new limited company name, and we arranged the formation of the new company.

 Hopefully this case shows that there is still finance out there for the small businessman, and the benefits of using a broker to place the deal, even if your

 client's bank has said no, there may well still be a deal to be done, especially in the current climate. Give us a call to let us help you.

 

Commercial Case Study

 Two

Two partners from a successful restaurant approached me for £100,000 finance to

 develop a second location, as their business was only 18 months old, and had not had chance to develop

 sufficient equity to borrow against their current high street bank had said no.

We discussed traditiona

l methods of funding a second restaurant including using the EFG, but as the new premises would likely be leasehold this was not feasible.

After extensive research and using our existing contacts I came across the ideal solution with unsecured business finance, using their PDQ terminal turn over to determine what level of funding they could have and how they could pay it back.

Hopefully these cases show that there is still finance out there for the small businessman, and the benefits of using a professional brokers to place the deal, even if your bank has said no, there may well still be a deal to be done, especially in the current climate.

Give us a call to let us help you.