Follow the winners, the latest business finance advice from Mark Smillie’s latest post. If your company could use some advice on finances, you’ve come to the right place! If this kind of content helps you, consider signing up for the newsletter here, and get it directly to your inbox!
“Regular readers will know I have one of the best Property finance experts on my team, who specialises in Secured Loans and Bridging Finance. This Lady walks into the VIP area of the finance company and gets a deal done in days, not weeks, and at special rates only available to her clients!
The finance companies love her because she does not waste their time.
She has just told about a new lending line of finance that is available. Looks like some free houses to me, if you do it right!
- Maximum £5m facility
- 1st charge only
- Maximum 65% LTV
- Ltd company borrowers only
- No interest, no capital repayments for the first 12 months
- Maximum term 24 months
- Valuation and legal fees rebated on completion
Therefore, a client can purchase new residential properties or release equity on residential properties for free for 12 months!
CBILS Loans
What the Company Director winners have been doing is getting further CBILS loans or increasing their CBILS facilities.
These sentiments are being repeated to me every day
“Next year there are going to be winners and losers and I am a winner because cash is King”
“Would you go into battle with a half filled gun, hoping you will not be needing any extra ammunition?” Well you can fill up now with finance and if you don’t need it give it back, you might not be able to borrow when you need to.
You can borrow up to 25% of your turnover (have you done the maths?)
If you have been turned down by the Banks, then call us and let us help you apply again.
Pay nothing for 12 months and no arrangement fees.
Experiences in Raising Finance
Another client we have just helped raise finance.
Had a poor set of accounts and his figures were preventing him from getting a loan anywhere, only available money was short term and not enough money to do what needed to be done and at CRAZY interest rates.
He had been to 5 brokers and no luck (choose your broker as carefully as you would your babysitter, these are our testimonials)
I rang a specialist finance company, who went to see the business within 2 days, they realised that the company should be able to thrive with sufficient funds and made a 180k finance facility available, on terms so much better than a short term facility.
“Hope for the best but prepare for the worst”
If you require financial support immediately or you want to be prepared for the next 12 months and ensure you are not going to be a causality.
Please get in touch with me by email or phone today!
Look forward to speaking with you,
Mark”