Long-Term Business Loan Helps Building Materials Agents and Suppliers Achieve Consolidation and Cash Flow

The Client. A Scotland-based company that has manufactured motor vehicles since 1998 approached us looking for assistance in October 2019. They required a loan for a management buy-out , as the existing owner was retiring and the managers were in a good position to take over the business. The Requirement. The client needed a business loan with a quick turnaround - ideally within a month. The managers needed to purchase the controlling share of the company quickly with the existing owner leaving. The Solution. TML achieved an unsecured business loan for this client of £350,000 , the full amount required. It was delivered rapidly; the loan was applied for in October and the loan was complete by the end of November. A payment plan of five years was set. The Benefits. The unsecured business loan enabled us to meet this clients requirements when it came to a quick turnaround and the rates and terms available. It also enables the client to get the finance they need without fixing the loan to their assets or property. The quick turnaround meant that the business shares could seamlessly transition to the managers, ensuring business continuity . The 5-year payback period met the clients requirements and allowed them flexibility without a dent in their cash flow. We are glad to have helped them maintain control over their business , and, as they remain an ongoing client, look forward to assisting them in the future. TML offers a range of personalisable bespoke finance solutions for your business. To find out more, contact a member of the team today - we recommend booking a call.

Here is another example of a positive outcome to think about for your own business. With access to a wide range of lenders and vast experience within our market place we are helping find solutions like this every week for clients - both new and existing. The Client. A supplier and installer of glass partitions based in the Midlands, trading for 4 years, came to TML looking for a short-term business loan . We further consulted with them over their requirements to see how we could assist. The Requirement. The client required a loan of £200,000 over a short term for debt consolidation and growth. They applied at the end of September and wanted access to the loan quickly. A repayment term of 36 months was requested. The Results. We managed to achieve an unsecured loan for the client of the full £200,000 within six days of them first applying. A repayment term of 36 months was set as they required. The Benefits. Accessing this loan enabled this client to consolidate their debt quickly, paving the way for new growth. Receiving the loan within six days meant the client could access the funds they needed as soon as they needed them. The repayment term of 36 months prevents a dent in their cash flow and stabilises their growth. The unsecured loan provides both flexibility and security. We are glad to have helped this client with their financial requirements and look forward to helping them with any future needs. TML offers a range of bespoke finance solutions for your business. To find out more, contact a member of the team today - we recommend booking a call.