Objective
Our introducers’ client ran a shoe manufacturing business with ties to large fashion brands throughout Europe. The client wanted to purchase a leasehold commercial unit valued at £1.9m for their business to trade from and needed 65% LTV.
Obstacle
The business ownership was complicated as it was owned by different trusts, with an element owned offshore, making this a tricky case to place.
Outcome
We helped secure the required finance for the client with a high street lender. The client was able to secure the unit swiftly and without the usual requirement of having to move their entire business banking across to a new bank.
The introducer was paid £10,800 for a name and number referral, where we dealt directly with the client including the advice process.
Subject to status. Product and criteria availability is subject to change or withdrawal at any time. For intermediaries only.
