RECENT SUCCESSFUL DEALS

A salaried director of a very profitable aggregates company in Somerset wished to purchase 100% of the share capital from two retiring directors. We helped prepare the business plan and conducted a tender process with leading banks. Finance of 1.5m was arranged at 1.4% over base and the transaction was concluded very quickly.

A Wiltshire company with cash flow difficulties approached us for help as their relationship with their bankers had broken down, and the Customs & Excise were threatening to wind them up. We arranged new and improved Confidential Invoice Discounting facilities which enabled them to clear their VAT arrears, and also remortgaged their office premises so they could repay all of their bank borrowing.

A Wiltshire retailer had the opportunity of purchasing two commercial buildings from an administrator but only had a small deposit. A 15 year commercial mortgage was arranged for 91% of the purchase price.

A Bristol based vehicle dealer had the opportunity of buying out his 50% investor and we arranged a mix of property and asset finance totalling 400k to enable the deal to complete.

A successful building company wished to buy a factory in West Wiltshire and convert it into three units, two of which would be let. We arranged a 320k commercial mortgage over 10 years at 1.75% over base.

Two young entrepreneurs wished to buy a profitable leasehold pub in The Cotswolds but were rejected by every lender they spoke to. We advised them on the structure of the deal and introduced them to a bank and a leasing company who between them came up with a package of facilities which was enough to make the purchase a reality.

A Wiltshire hotelier with a 20 year lease had the opportunity of buying the freehold for 800k. We arranged 100% finance at 1.6% over base and the monthly repayments were £600 a month less than the rent he had previously been paying.