Business cash injection

Client required an urgent cash injection for their business so that they could pay urgent bills and other committed business expenses in order to keep their business running. In addition the client decided to take advantage of this capital raising opportunity and increase the loan amount required, to carry out some plans that they had been considering to modernise their long established business.

The bridging loan was secured on a property that they owned, and would be repaid from money due later in the year from pending long term contracts.