Secured Business Loan To Purchase A Café Case Study
Secured Business Loan To Purchase A Café
Discover how ABC Finance business loan experts helped this client secure a secured business loan to purchase a café in London.
The facility
Location
London
Capital raised
£60,000
How funds were spent
To purchase a business
The request
Our client contacted ABC finance to enquire how to buy a leasehold café.
As she wasn’t working currently, she was struggling to borrow the money unsecured so wanted to know how we could help, she had approached high street banks and another broker but all we’re unable to help.
The solution
An ABC Advisor took the time to review their current circumstances and established what was possible.
We established that our client was willing to use their property to secure the loan to buy the business, so ABC Finance approached our panel of lenders and arranged a secured business loan.
This enabled her to purchase the lease, renovate the premises and have sufficient working capital to hire staff and purchase stock.
This was all arranged with minimal fuss and took 5 weeks to get the money and complete the purchase of the lease.
Gary Hemming
Commercial Lending Director
Why work with ABC Finance to get a business loan?
Our team at ABC Finance are true experts in business loans. We’re focussed on helping our clients to secure the best deal on their finance, quickly.
We can help you secure the finance you need to take your business forward quickly and easily thanks to our deep connections across the commercial finance market.
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