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First deal done on the first Monday of the year

Light development deal time!

On the first Monday of the 2019 calendar year, TheCityBroker certified the first deal done for the calendar year. Below are some of the details.

COMPLETED

  • Amount: £120,000
  • Facility Term: 12 Month Interest
  • Facility Type: Light Development
  • Pricing: 1.5% p/month
  • Arrangement Fee: 3%

Need help with light development deals?

Learn how we can help you with all of your finance and insurance-related needs.

No one does asset finance like our Scottish office

For clients in Scotland, England, Wales or Northern Ireland, we can produce asset finance & equity release results from any one of our offices.

That includes our Glasgow office.

Below is just one example of where we came through for one of our clients in Scotland:

COMPLETED

  • Amount: £106,000
  • Facility Term: 48 Months
  • Facility Type: Asset Finance/Equity Release
  • Pricing: 9.2 APR

Need help with asset finance in Scotland?

£815,000 out of the door and it’s not even lunch

We can produce commercial real estate finance results from any one of our offices. Even better: we can get you up to seven figures before lunchtime!

Here’s just one example:

COMPLETED

  • Amount: £815,000
  • Loan Term: 5 years
  • Repayment Profile: Interest Only
  • Facility Type: Commercial Mortgage
  • Pricing: 3M Libor + 4.75%

Need help with commercial real estate finance?

D. Cassidy – Contract Lifting Solutions Ltd / Fifth Generation Ltd

Our business is constantly looking to increase its fleet of yellow plant and logistics vehicles to support new client contracts. As a result, we are always looking to purchase this kit using bank finance. The asset finance solutions market is a minefield; therefore, that’s why we use TheCityBroker to handle these negotiations. Within 48 hours we had a term comparison sheet detailing over 10 indicative offers from banks and specialist providers for better asset finance solutions. As a result, it will easy for us to see which options were best and which bank offered the most attractive terms. On the back of that, we let the team renegotiate our invoice finance facility, too!

M. Press – Fordville Ltd

TheCityBroker works with us by way of a personal friend and fellow business owner. Earlier, we sought to renegotiate our bank facilities. At the time we were experiencing significant overseas growth and needed to increase working capital lines to fund these new sales. TheCityBroker negotiated a multi-million-pound ABL with another bank. Although we did not take this forward, it was great leverage with our existing bank. As a result, the bank will match the improved terms to keep our business. The work TheCityBroker team offer for us is excellent to increase working capital lines. In summary, TheCityBroker will get a call from us when our current facility comes up for renewal.

BOOK AN APPOINTMENT

Need some no-obligation advice about your life insurance options?

Simply select a date and time that’s right for you. Can’t wait? Then gives us a call on 0161 694 7538.


Book Your Free Consultation

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