Business loan to fund growth


The business owner had aspirations to both grow the business and exit within 5 years, handing over the reigns to his daughter.


Working with the business owner and his accountant throughout the process, it was identified that £60k of finance was required to bring in additional staff and fund the cost of the planned growth.


An unsecured loan was arranged via an online peer to peer lender, spread over 60 months and supported by director guarantees. The client has the flexibility to settle the loan without any penalties or early settlement charges.