£150k arranged for purchase of taxis for Start Up Company
A Chester based new start taxi company had found it difficult to arrange finance for the purchase of taxis as they did not have a trading history or accounts. They were recommended by a local business network to contact Business Assistance.
With a panel of multiple lenders, Business Assistance were quickly able to construct a proposal to appropriate lenders and negotiate an offer on the clients behalf.
From initial contact, funding was arranged and drawn down in 10 days, with the company operating 3 days thereafter.
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