Commercial Finance Brokers (UK) (CFBUK) was approached by a successful client running a business with a long track record of working for financial clients on a business-to-business basis. The client was long on property and assets but needed to refinance to raise working capital to fund expansion.

Our client wanted to refinance debt of £1.2m secured against property valued at some £5m. After refinancing the property would still have free equity of £2.55m, a LTV of around 54%. The business was comfortably capable of servicing the loans and the client wanted the refinancing done within 6-9 months.

CFBUK rose to this challenge and helped the client to raise the funds required using their expertise and knowledge of the market.

CFB achieved full amount required at Bank Base + 2.75% over the loan term required and within the client’s preferred time frame.

CFBUK Case Study 5 - Raising Working Capital