Software Development Company Comes To TML For Secured Business Loan To Aid Business Growth

Caitlin Davis • May 5, 2020
The Client.
 
A software development company, established in 2004, approached TML looking for assistance with growing their business. They were recommended to us by another Lender who we have a great relationship with. 
 
The Requirement. 
 
The client required a business loan in order to expand their business. They needed a longer repayment plan to ensure they could expand without interruption to their cash flow. 
 
The Solution. 
 
TML managed to achieve a secured business loan of £400,000 for the client. 
The secured loan enabled them to access the funds quickly, and they were given a 10 year repayment plan. 
 
The Benefits. 
 
Secured business finance opens up more options for the client by enabling them to use business assets and property as collateral. This allowed them to quickly access funds to help their business grow. 
 
The 10 year repayment plan allows them to keep the payment costs low, enabling them to maintain business growth. 
 
They remain an ongoing client with TML, and we are pleased to have helped them achieve their goals. 
 

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.