Alternative Finance -
Virtual Reality – Professional Introduction
We arranged a secured loan for a leisure business seeking to launch a virtual reality offering.
Opportunity:
The business required a finance facility to fund the purchase of a virtual reality paragliding ride. As this was a new concept, asset finance was not an option at this time.
Approach:
We met the client to understand the plans and establish both business and personal backgrounds.
Solution:
As the business expected to be cash positive in the next 12 to 24 months, we arranged a secured facility with a 2 year term.