Our finance broker - Jamie Bridson recently completed a £280,000 business loan, which was needed by a new start restaurant business as they looked to open their first restaurant location.
The funding was needed in two instalments, with the first being £200,000 and the second £80,000. The initial £200,000 was needed for a complete fit-out of the new restaurant, which included internal decorations, partitions, ceiling fixtures, flooring, electrical and plumbing installations, music and security systems and health and safety equipment.
The client also used some of the funding to create marketing campaigns to help with the launch of the restaurant. The additional £80,000 was used to help improve the business's cash flow as the costs of the launch of the restaurant had slightly gone over budget.
Jamie was able to work alongside Charles Atkinson and Geoff Willis at lender Accredo from our comprehensive 80+ lending panel, to provide the client with the funding they required. Jamie was also able to provide a quick and efficient turnaround, with the funds being paid out within a week from the initial enquiry.
If you feel that your business could benefit from Equipment Finance and you would like to discuss your options, then please do not hesitate to contact Jamie on 01908 429888, email Jamie@approved-finance.co.uk or click on the link to download our finance guide PDF for more information: https://lnkd.in/ePHAgzn9