About the project
In 2016 we had helped our borrower develop a lending appliaction and secure a £3m loan to acquire their first Independent Financial Advisory firm in a planned “buy and Build” programme. We kept in touch and in 2018 we were advised that they were ready for their second acquisition. This was to a highly leveraged deal and several advisors looked at this opportunity. In the end the lending was secured from the original lender whose lending capacity increased during the fund-raising period.
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