• Broker
    The information contained in this area of our website is for FCA regulated brokers only and not intended for consumer usage.
  • Consumer

Solicitor firm offered 100% funding for new business premises

A commercial finance case study

Objective

A commercial trading business (solicitors firm), were looking to purchase vacant premises to move into.  Their current lease was due to expire and they realised the rent was likely to be higher than a monthly mortgage payment.

 

Obstacle

The business required 100% funding at £595k and were shopping around for the best available rate.

 

 

Outcome

 

Brightstar were able to source a lender who offered the business the 100% funding they required at a rate of 4% above base rate.  The lender were also able to offer the business an additional £10k overdraft to additional working capital.

 

READ MORE about the client scenarios we’re able to assist you with

#madeeasy