Building Firm Saved From Liquidation With £100K

Building firm was 3 days away from calling in Administrators

A client had recently been in discussions with his bank regarding increasing his business overdraft by an additional £100k. A large client had gone under and left him with a short term funding gap.

The bank said 'No' after 3 weeks of discussions.

The business owner had assumed that if his own bank had said no, he was left with a hole he couldn't fill.

Fortunately, his accountant recommended he contact us.

We processed the application following a 15 minute call.

The following day we approved the company for £100k over 5 years.

The client was extremely impressed.

Emergency avoided.