Our introducers’ client ran a shoe manufacturing business with ties to large fashion brands throughout Europe. The client wanted to purchase a leasehold commercial unit valued at £1.9m for their business to trade from and needed 65% LTV.
The business ownership was complicated as it was owned by different trusts, with an element owned offshore, making this a tricky case to place.
We helped secure the required finance for the client with a high street lender. The client was able to secure the unit swiftly and without the usual requirement of having to move their entire business banking across to a new bank.
The introducer was paid £10,800 for a name and number referral, where we dealt directly with the client including the advice process.
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