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Est. 1989

Architects

Architects

We were approached by an architects practice based in Yorkshire. This was run by an experienced director who had previously run his own business; however, his current venture had only been trading for 11 months.

The Problem

While the business was profitable, three contracts had been delayed, meaning there was a need for a short term cash injection. The director had a poor credit history, including VAT arrears. Consequently the bank declined to provide the company with any funding.

The Solution

We identified a funder who specialise in assisting small businesses, particularly those with a less than perfect credit history.

The Result

We helped the director secure a £15k loan to be repaid over a 6 month period. The loan was agreed to, and the money released within one week of the commencement of the application process.

“ Despite this being a profitable business, the delay of several key contracts was having a negative impact on cash flow. After reviewing the company’s financial position, we arranged for a short-term loan to be put in place, allowing the company to continue trading while awaiting payments from the delayed contracts to be made. ”
Karl Hodson, Director

Who we help

  • Company Directors
  • Finance Directors
  • Sole Traders
  • Accountants
  • Small Businesses
  • Large Businesses
  • Partnerships

Contact our team

Jonathan Munnery
Gillian Sayburn
Julie Palmer
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Our numbers speak for themselves

75
Number of UK Offices
30000
Directors Helped
70+
Licensed Insolvency Practitioners