Petes Business Needs A Cash Injection


Pete ran a successful manufacturing business along with his business partner John. John had to leave the company at short notice for personal reasons and wanted to sell the business however Pete wanted to continue running it by himself.

Cash Injection

Pete came to us for the funding needed to buy Johns shares and additionally to keep the business running smoothly through the transitional period. We were able to lend all the required money to Pete secured on the company’s unencumbered business premises and with an additional charge over Pete’s home. This gave Pete enough time to raise funds through a management buy-in and repay the commercial bridging loan.

Last Updated: Dec 9, 2016 @ 9:36 am
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Disclaimer

The advice and processing on all financial products introduced via this website will be handled by UK Property Finance Ltd, which is authorised by The Financial Conduct Authority (FCA) no 667602. The FCA do not regulate all mortgages such as Buy to Let and Commercial. Think Carefully before securing debts against your home. Your property could be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.

Association of Bridging Professionals
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