HSBC to Match Online Banks and Alternative Funders Rates
5th November 2015
Case Study – Printing Company
25th April 2016
0

Case Study – Independent Financial Advisor Company

Our client was a fast growing IFA (independent financial advisor) with an unsupportive bank. We introduced a new alternative bank and obtained an overdraft and loan package of £75,000. 6 months later, an opportunity came along to acquire a competitor and the bank, whilst supportive, could not advance further loans due to lack of available corporate security.

Using CFO the board sourced a loan of £150,000 at a 7.7% interest rate from a well known peer to peer lender. The loan was over 24 months and repayments are £7,000 monthly. This fast new finance allowed the directors to take advantage of an acquisition to grow their business. Funds were raised in 5 days. Personal guarantees were provided by the directors to the new funder.

Profitability has increased and the business is bedding down the acquisition. But, knowing our clients, they will soon be on the lookout to grow further!

 

 

Find your funding today:

 


Error: Your Requested widget " cfo_search-3" is not in the widget list.
  • [do_widget_area blog-cat-case-studies]
    • [do_widget id="cfo_search-2"]
    • [do_widget id="widget_mfn_recent_posts-4"]
    • [do_widget id="search-2"]
    • [do_widget id="text-8"]
    • [do_widget id="text-9"]
  • [do_widget_area blog-cat-news]
    • [do_widget_area blog-cat-uncategorised]
      • [do_widget id="widget_mfn_recent_posts-5"]
      • [do_widget id="categories-2"]
      • [do_widget id="search-3"]
      • [do_widget id="text-10"]
      • [do_widget id="text-11"]
    • [do_widget_area buddy]
      • [do_widget_area edd]
        • [do_widget_area events]
          • [do_widget_area footer-area-1]
            • [do_widget id="text-13"]
            • [do_widget id="text-5"]
          • [do_widget_area footer-area-2]
            • [do_widget id="widget_mfn_recent_posts-3"]
          • [do_widget_area footer-area-3]
            • [do_widget id="widget_mfn_recent_posts-6"]
          • [do_widget_area footer-area-4]
            • [do_widget id="text-6"]
            • [do_widget id="text-12"]
          • [do_widget_area footer-area-5]
            • [do_widget_area forum]
              • [do_widget_area mfn-search]
                • [do_widget_area shop]
                  • [do_widget_area top-area-1]
                    • [do_widget_area top-area-2]
                      • [do_widget_area top-area-3]
                        • [do_widget_area top-area-4]
                          • [do_widget_area widgets_for_shortcodes]
                            • [do_widget id="cfo_search-3"]
                          • [do_widget_area wp_inactive_widgets]