Area: Coventry
Amount raised: £442k
The scenario:
Acquiring financing for business ventures, especially in the absence of a track record, presents a unique set of challenges. Regulatory considerations, particularly when leveraging home equity, further complicate the process. This case study delves into a recent success story where our strategic financing approach played a pivotal role in the acquisition of a financial services company in Coventry.
Our client sought to complete a share purchase of a financial services company. Faced with the option of equity financing, an avenue they preferred to avoid, they approached us for a rapid and flexible financing solution.
The solution:
After consideration, we recommended a bridging loan as the optimal solution. This choice offered the speed and flexibility crucial to meeting the client’s timeline. Our selected lender utilised a desktop valuation, eliminating valuation fees and expediting the offer by at least a week.
We carefully selected a lender based on their ability to conduct a desktop valuation, aligning with the urgency of our client’s needs. This decision not only saved our client valuable time but also hundreds of pounds in fees.
From the initial application to the drawdown, our streamlined process ensured a swift and efficient journey, completing the entire procedure in just over two weeks. Key milestones included application submission, lender recommendation, desktop valuation, and final drawdown. This expedited timeline allowed our client to meet their acquisition goals promptly.
The expedited process facilitated by our recommended bridging loan ensured the successful completion of the share purchase. Beyond the immediate financial gain, our solution empowered our client to acquire the financial services company on their terms, avoiding equity financing and securing a strong foothold in their industry.
Why choose us?
At Orton Financial, we pride ourselves on assessing each client’s situation individually, tailoring financial solutions that consider both cost and timescales. If you are seeking financing for a business acquisition or investment, partner with us for expertise, efficiency, and a commitment to your unique needs.