Case Study: Business Loan Saves Farming Business

Updated: 24th November 2021

We were contacted to help source and secure funding for a farming business.

The Problem

The company was in need of finance to repay an outstanding loan of £40,000 and also to clear £45,000 of HMRC tax arrears. The company owned a property valued at £1.5m, which had an outstanding commercial mortgage of £370,000 secured against it. The bank agreed for the valuation to be made available to potential lenders in order to help with the application for further funding.

The Solution

Within a week we had successfully received offers from three different lenders, and these were put forward to the business owner for consideration.

The Result

Once a decision was made regarding a provider, we finalised the application. The provider that was eventually chosen offered a loan of £105,000 to be paid back over a twelve-month period with the interest rolled up for the first six months.

Keith Tully

Partner

0800 644 6080
Director Support - Business suffering from Cash-Flow Problems?
If your company is financially distressed, we also offer the below services:
Business debt recovery

  • Recover Unpaid Invoices of £5k+
  • Expert Credit Control Services
  • Stop Late Payers & Bad Debts
Visit Site
Time to pay experts

  • Get Breathing Space with HMRC
  • Support with Business Tax Arrears
  • 35 Years HMRC Negotiation
Visit Site
UK Business Finance

  • Rejected for a CBILS Loan?
  • Get Emergency Business Funding
  • Supporting 1000+ UK Companies
Visit Site
Who we help
  • Company Directors
  • Finance Directors
  • Sole Traders
  • Accountants
  • Small Businesses
  • Large Businesses
  • Partnerships

This site uses cookies to monitor site performance and provide a more responsive and personalised experience. You must agree to our use of certain cookies. For more information on how we use and manage cookies please read our PRIVACY POLICY