60 Second Test
Understand your company's position and learn more about the options available
Farming - Case Study
Share: 
Published:
Written by: Jonathan Munnery
We were contacted to help source finance for a farming business.
Take Our Free 60 Second Test
Get an instant understanding of your:
- Debt and Asset Position
- Formal Insolvency Options
- Next steps
Plus much more ...
Start The 60 Second Test
The Problem
The company was in need of finance to repay an outstanding loan of £40,000 and also to clear the £45,000 of HMRC tax arrears which the business had accrued. 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.
UK’s number one for director advice
We handle more corporate insolvency appointments than any other UK firm; demonstrating our commitment to helping directors and business owners in financial distress.
The team are available now - 0800 644 6080
The Solution
Within a week, we had successfully received offers from three different lenders.
The Result
The provider which was eventually chosen, offered a loan of £105,000 to be paid back over a 12 month period with the interest rolled up for the first 6 months.
Real Business Rescue are here to help
Still unsure whether liquidation is right for your company? Don't worry, the experts at Real Business Rescue are here to help. Our licensed insolvency practitioners will take the time to understand the problems your company is facing before recommending the best course of action going forward based on your own unique circumstances.
- UK’s Largest Liquidators
- 100+ Offices Nationwide
- 100% Confidential Advice
- Supported 25,000+ Directors
Looking for immediate support?
Complete the below to get in touch
10,000+ Tests Completed
Free 60 Second Test
For Ltd Company Directors
Get An Instant Understanding Of Your:
- Debt and Asset Position
- Director and Liability Review
- Next Steps
Plus much more ...
Real Business Rescue Recommended
Next Steps
We provide free confidential advice with absolutely no obligation.
Our expert and non-judgemental team are ready to assist directors and stakeholders today.
Office Locator
Find your nearest office - we have more than 100 across the UK. Remote Video Meetings are also available.
Contact Us Today
Free, confidential, and trusted advice for company directors across the UK.