Factory Purchase Next Door
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A client wanted to purchase a Factory next door to their existing business premises to enable expansion of their current business operations.
Challenges Faced
The client had a limited deposit available and their financial situation would not suit many Lenders in the market, yet they had a sound strategy for improvement.
Outcome
We were able to secure funding for 100% of the purchase price + purchasing costs (stamp duty, etc), using existing security at their existing Lender. We settled the purchase within 30 days.
The interest rates and fees were highly competitive, and the client was very happy with the outcome.