Two Finance Deals for a New Start Wine Bar

Opportunity:

Our details were passed on to this client by a previous customer.

Approach:

We discussed the options of a finance lease and loan, and we did one of each type of deal.

Solution:

As a new start business with three directors and another company we are very familiar with behind it, we thought this would be easy to underwrite. Only one director was prepared to offer his PG – we needed to also have the flexibility of the loan option as the client had already paid for some of the equipment. We were able to accommodate and the bar is now open.