Cash injection for refurbishment
What was the situation?
We were approached by an existing client in need of finance to help their business cashflow.
What was the issue?
Our client had been refurbishing their commercial property, which was being funded through their business accounts. Though this had been an effective way to raise funds, construction needed to be completed as soon as possible and this avenue was taking too long to gain the funds required.
What was the process?
We looked at the client’s overall position, reviewing both their commercial and residential assets. We than presented our recommendation to the client which would allow them to gain the funds required immediately, and a long-term solution once the refurbishment was completed.
What was the solution?
We recommended a short-term loan on an unencumbered industrial unit they had in their portfolio, raising the client the funds required to finally finish the refurbishment. We then also lined up a commercial loan for once the work was completed.
As a longstanding client, they know they can trust LDN Finance to find them the right solution for their requirements, never giving up until the required funding has been secured. The team are now already working on a couple more projects together!
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My fiancée and I were recommended to LDN Finance when we started our mortgage journey, and the service we have received, and continue to receive, has been outstanding throughout. Phil Levesley initially looked after us and made what can be a very daunting process feel straightforward and easy to understand. He took the time to explain everything clearly, never rushed us, and was always happy to answer any questions we had. Nothing ever felt like too much trouble. As part of the process, we also wanted to explore a number of protection policies, and Phil introduced us to his colleague,
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