The Situation
"The Asset Advantage Loan product is brilliant – great rates, straightforward paperwork, and fast payout."
This long-standing customer of Bernard Alderson at Satellite Finance Ltd required finance for his latest franchise venture.
The customer was in the process of arranging a bridging loan, but was becoming increasingly frustrated by the long time this was taking through solicitors. Upon speaking to Bern he became aware of other loan options, and Bern had no hesitation in proposing this deal to Asset Advantage, based on his previous positive experience of our loans product.
The Funding Solution
£250,000 Business Development Loan repayable over 5 years. This is to cover the cost of a new building, fit-out of premises, and some building works.
Why Asset Advantage?
Bern Alderson of Satellite Finance said: “The Asset Advantage Loan product is brilliant – great rates, straightforward paperwork, and fast payout. The customer is really happy that Asset Advantage were able to turn around this request for £250,000 to receiving payout within one week.”
Key Facts
Finance Type
Business Loan
Amount Financed
£0
Summary
"The Asset Advantage Loan product is brilliant – great rates, straightforward paperwork, and fast payout."
Term
5 Years
Purpose
Business Development Loan For Retail Franchise
If you are looking for funding for your client, contact Katie Dowse today:
