It’s the people that matter
A recent phone call from an accountant friend asked if we would fund the fitting out of a new gymnasium that was being developed from a derelict mill. An important part of the cost was flooring for part of the building as well as the gym equipment.
Both the client and the accountant had approached a number of lenders, all of whom were happy to fund the equipment but were not interested in paying for the flooring.
On receiving the client’s details and business plan we looked into his background and history. He owned several unencumbered properties and his farming business was well able to support the new venture.
Subsequently, the accountant informed us that it was our flexibility over the flooring that had decided them to take up our offer.
IT’S THE PEOPLE WE FINANCE, NOT THE ASSETS