Property Loans -
Term Loan for a Business in the Construction Sector
Opportunity:
A company that provides material to large construction companies was looking to pull capital back out from the purchase and refurbishment of trading premises.
Approach:
We sourced finance options that limited the need for directors guarantees and debentures, offered a competitive interest rate and understood the variable trend of the company turnover.
Solution:
A term loan was offered for 65% of the current value of the premises, with no personal guarantees or debentures and at competitive rates.