An asset finance funding facility of £300,000
Our asset finance team have been working with a company that specialises in flexible, self-contained office space across London, providing a £300,000 funding facility for them to draw on as required.
One of our trusted brokers, who is also a founding member of The Guild of Business Finance Professionals, made the introduction. They were looking for funding to support their growth and expansion plans, and based on the strength of the business, their financials, asset value, and their objectives, we were able to provide a £300,000 facility, which they can continually drawing down from.
The relationship has currently been in place for a year, the business is thriving, and the funding solution works well for them both in its structure as well as the size of the borrowing. It's a great example of how the right financial solutions can be instrumental in enabling business growth and development.