Asset Purchase – Catering Equipment
One of our favourite customers over the past twenty years, who are true entrepreneurs, successful in various sectors of business, are opening a new, fine dining restaurant. We were able to assist with two separate asset finance facilities to fund the ovens and general catering equipment along with the fit out of the premises.
Asset Purchase – Laser Device
A brilliant but loss making business in the professional aesthetics sector, due to the pandemic, wanted to invest in a start of the art £85k laser system. Due to their last set of accounts showing a loss, their bank could not assist. We worked with the client to obtain their latest sales data which showed a 50% increase in sales form the lateral accounts and arranged a 5 year asset finance facility to allow them to proceed now and capitalise on demand.
Unsecured Expansion Loan
Another favourite and long-standing client of ours wanted to complete works to a health and fitness club they have been building and nurturing for several years. We arranged an unsecured loan to allow them to pay builders, contractors etc and to fund new changing room lockers to complete the works
HMRC Tax Funding
A successful Professional Practice wanted to fund a HMRC tax liability of £350k. The client paid £100k cash and we financed the remaining £250k balance over 12 months, paid direct to HMRC
We wish all our amazing customers the best with their new businesses in 2023 and beyond!
