Astmoor were approached by a client who needed assistance with finance for their business – they were looking to consolidate business debts and raise funds for working capital and expansion. As with many businesses in their infancy the business had lots of capex to cover in the early years of trading and were just moving towards increased profitability. Mainstream commercial lenders weren’t available and the amount the client needed couldn’t be arranged via a mainstream Mortgage or 2nd Charge Loan. That’s when we contacted Finsec and submitted the case for pre-approval, on the very same day they pre-approved the loan, issued the Loan Agreement and an underwriting needs list. FinSec’s staff understood the needs of business and saw the merits in the case, they provided the required amount over a term that worked for the clients, FinSec instructed the valuation, and we gathered the required information to move to a swift completion. The process was straight forward and with the help of Shan and Luke the case funded quickly much to the delight of the client. Looking forward to more of the same on future cases and wouldn’t hesitate to recommend – Patrick Carberry, Astmoor Finance
Gable Asset Finance Testimonial
“My client required a loan to assist with a start-up business which included refit of leased premises – Finsec understood the case, comfortable with the clients background and wider experience and businesses. They were able to assist by way of a £300,000 loan facility...