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10-05-2011  Back to news index

Bank lending is undoubtedly harder to come by in 2011.  Before you pick up the phone and call your bank manager, please check out the case studies below, you have nothing to lose and everything to gain:-

·         Client approached the bank directly to fund a self administered pension scheme for£500k.  The bank quoted Base+5.5%; when subsequently approached via our specialists, the same bank quoted Base+3%.  Via our knowhow and contacts we achieved a saving of over £300k in interest over the lifetime of the loan for our client

 

·         A Manufacturing Company director looking to purchase new premises for £1.9 million to house his business Incumbent bank declined and within 2 weeks our new funder had a deal agreed and legal’s underway together with a full review of their factoring facilities.

 

·         Locum optometrists looking to buy a small optical practice where she worked (funding requirement 70k) had been turned down several times by banks over a 3 month period: Funding offer achieved within 5 working days of contact via our specialist partner firm Myers La Roche.

 

·         Transport Company wanting to purchase a new fleet of vehicles for their business :  deal agreed via Asset

finance within 48 hours of enquiry.

 

·         Nursing Home looking to raise finance for a Management buyout: 5 days post interview we had agreed funding at Base+ 3%.

 

Having someone fighting your corner with the banks is increasingly important and having specialist knowledge, contacts and funding applications made and followed up on your behalf by ex bankers could be the crucial difference in a bank approving or declining a case.

 

For more information or to discuss any business funding requirement contact Dominic Watson via:

Tel: 0845 450 3687

Email: mail@buyandsellbusiness.co.uk

If your enquiry is genuinely urgent an out of hours service is available via 077 88 99 6505


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