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.

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.

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NACFB is a trading style of UK Property Finance Ltd which is authorised and regulated by The Financial Conduct Authority (FCA) FRN no 667602. Think carefully before securing debts against your home. Your property could be repossessed if you do not keep up repayments on your mortgage or on any other debt secured on it. The team at UK Property Finance have many years of experience in all types of regulated and unregulated property finance, in-particular bridging finance and property development finance. Not all property finance products are regulated by the Financial Conduct Authority.

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