Traditional values : Modern solutions

Visit us on Facebook
Visit us on Facebook
 
Visit us on LinkedIn
Visit us on LinkedIn
 
Visit us on Twitter
Visit us on Twitter

Virtual Reality - Professional introduction

Sector: Leisure | Value: £100,000
Equipment type: VR equipment | Term: 24 months

We arranged a secured loan for a leisure business seeking to launch a virtual reality offering.

Problem:

The business required a finance facility to fund the purchase of a virtual reality paragliding ride. As this was a new concept, asset finance was not an option at this time.

Approach:

We met the client to understand the plans and establish both business and personal backgrounds.

Solution:

As the business expected to be cash positive in the next 12 to 24 months, we arranged a secured facility with a 2 year term.