Just a flavour of some of the deals that we have recently completed
Coronavirus Business Interruption Loan Scheme
Assisted a long standing client with their application for a loan under the newly announced scheme. This has included numerous phone and video calls to gather all the required information, writing up a detailed report for the Bank, preparing cashflow forecasts to support the application and liaising with the Bank.
Working Capital Requirements
Worked with a trading client to ensure that their working capital requirement was preserved by helping to provide an invoice discounting facility. This will allow the client to not only manage their current cashflow but also to ensure that they will be ready to meet the demands when lockdown is over and trading conditions "return to normal".
Assisting a client to refinance their SIPP lending, allowing them to inject additional capital into their SIPP and also reducing interest rate by 50%.
Helped a client access short-term bridging facilities to assist with the purchase of an option on some residential building plots ahead of providing development finance to repay the bridge and allow the client to satisfy planning conditions.