Secured Loan Solution for a Management Buyout

A broker reached out for assistance with a client seeking a second charge loan of £100,000. The funds would be used for a management buyout, and to become a key shareholder of the business.

Upon assessing the client’s files, we discovered the client’s debt to income ratio was too high for the initial loan amount the client was looking to secure, due to previous borrowing history. Working closely with the broker, we helped restructure the case. We ensured it aligned with the client’s financial goals, whilst also satisfying the lenders criteria.

Our team provided guidance throughout, supporting the broker in overcoming challenges and keeping the application moving smoothly. Ensuring the client was updated at each stage of the process, we secured a second charge loan of £95,000, tailored to meet the clients needs. With clear, proactive communication and efficient handling, the funds were released in sufficient time to complete the management buyout. Both the broker, and the client were impressed with the speed, service, and adaptability shown throughout what was a complex case.