When you start a business it may only be small but we guarantee you have plans for it to grow.

If like our client you are involved in any form of manufacture, space soon becomes a premium especially if you also need to keep some stock.

Having been referred to us by their bank, this family business needed some additional working capital to help then set up their second site. This would allow the business to run the manufacturing from one site, while stock distribution would happen at the second location.

With the bank already having provided an overdraft to the business, we looked to arrange a £25k loan for the company over 24 months. It was supported by the personal guarantee of the director and major shareholder.

If you are giving a personal guarantee for either a loan or some form of asset finance, you may be able to take out Personal Guarantee Insurance. We partner with a firm that provides this service and more details can be found on our news page.

Whether you are looking for short or longer term funding, do get in touch to discuss your requirements in more detail.