Case Studies
Financial Intermediaries
A short-term solution achieved long-term gain
Directors of an engineering firm had an opportunity to buy some equipment, which was forecast to increase their company's sales revenue ten-fold. They explored the option of asset finance and found it to be extremely expensive. In total they borrowed £84,000, secured by way of second charges on properties they owned. The company's revenue did increase as predicted and the short-term finance arranged through us was paid off 9 months later.
Don't panic, help is out there
A property developer wanted to buy an established listed building in Manchester, but was struggling to arrange a mortgage as the lender's valuation suggested retention for much needed structural work. The lender decided against the mortgage, not advancing any funds. The property developer's broker contacted us in a state of panic; fortunately for him, we arranged the bridging loan for the necessary remedial work and the purchase. After all works had been completed, the broker was able to
return to the original lender for a re-mortgage.
An offer you can't refuse
We had a client who had an opportunity to buy stock at a reduced price from a receiver. The funds were required within 7 days of his offer. We were able to agree a facility secured on the client's factory premises. The instructions were received within 24 hours of contact and completion took place within
5 working days.
Affirmative is good for business
Directors of a limited company had agreed to buy a large development site with planning permission to build 50 houses. We structured the deal in a way that the company could purchase and then develop the site. As the houses sold, the company made capital lump sum repayments, thereby reducing the capital balance and the monthly instalments. This flexible approach was the best deal for all concerned!
PROPERTY DEVELOPERS CASE STUDIES
PRIVATE INDIVIDUALS CASE STUDIES