Case Studies

“UK Funding Group enabled me to continue trading by paying off my overdraft with the bank, which they suddenly decided to pull the plug on after 20 years” - Emma, Leeds

Type of Business: Florist
Capital Required: £30,000
Reason for funding: The bank withdrew our client’s overdraft after 20 years as they suddenly didn’t meet the banks “criteria”
Security: Debenture over the business and a charge over the clients property with LTV of 23%
Outcome: Withdrawing the client’s overdraft could have closed them down within a month, but UK Funding Group provided the capital required and now they can trade continuously and profitably with fixed monthly repayments to their loan

“UK Funding Group enabled me to buy out my business partner and continue trading successfully when the bank didn’t wish to take equity in my hotel”- Steve, Birmingham

Type of Business: Hotel
Capital Required: £110,000
Reason for funding: 2 partners owned the hotel, and one decided to buy the other out. The bank didn’t want to take a charge on the hotel as it didn’t meet the banks “criteria”
Security: Debenture over the hotel and charge over the client’s property with LTV of 61%
Outcome: UK Funding Group enabled to buy his partner out and the hotel is now running successfully with comfortable fixed monthly repayments to the loan

“UK Funding Group enabled me to fulfil my NHS contract when the bank’s computer system said NO!”- Anthony, Manchester

Type of Business: Website Company
Capital Required: £25,000
Reason for funding: The company won a contract with the NHS, but couldn’t start work without employing 2 more web designers and relevant PC’s and software required to work the contract. The bank were saying it would take at least 6 weeks to evaluate the loan
Security: Debenture over the web design company and charge over the clients property with LTV of 17%
Outcome: UK Funding Group lent the money required and the company were able to fulfil the contract they had won and are now rolling over additional funding ahead of new contracts that are in the pipeline

“UK Funding Group enabled me to open my second successful dental practice when the bank wanted to see another 12 months account – I would have lost out!” - Roderick, Preston

Type of Business: Dental Surgery
Capital Required: £150,000
Reason for funding: The Dentist who had been trading for 12 months wanted to open a second surgery in order to grow business. The bank didn’t want to lend the money until they had 2 years of managed accounts as that was the banks “criteria”
Security: Debenture over the dental practice and charge over the new commercial premises and client’s property with combined LTV of 66%
Outcome: UK Funding Group enabled the Dentist to get his second practice as we listened and completely understood his requirements and now the second surgery is running successfully with regular repayments to the loan

“UK Funding Group enabled me to beat my competitors to the market, which the bank couldn’t see through their regulatory perspective” - Andy, Nottingham

Type of Business: Heating & Plumbing Contractor
Capital Required: £27,500
Reason for funding: The Government were due to announce a new boiler scrappage scheme which was common knowledge in the industry, but the announcement had not officially been made and the bank wouldn’t consider lending the money for marketing purposes ahead of the announcement, then it would have been a further 4-6 weeks for the money to arrive, meaning the company would have fallen way behind its competitors
Security: Debenture over the company, full security over its assets and charge over the clients property with LTV of 26%
Outcome: UK Funding Group paid the company within 24 hours giving the Director chance to get ahead of his competitors and now the business is running profitably with convenient monthly repayments to the loan

“UK Funding Group enabled me to win a major contract completely changing my business, which the bank wouldn’t listen to - and simply couldn’t see” - Dean, Shropshire

Type of Business: Free Range Chicken Farm
Capital Required: £650,000
Reason for funding: The Farmer required funding for the construction of several prefabricated barns to win a contract to supply a major UK supermarket with its eggs. The banks would not listen to him as he couldn’t forecast the amount of produce he would be able to supply, meaning that he would have lost out on the contract
Security: Debenture over the business, full security over its assets and charge over several of the client’s properties with LTV of 54%
Outcome: UK Funding Group paid the company within 24 hours giving the Farmer chance to win the contract, promising his infrastructure would be sufficient to supply the supermarket chain and now the business is running profitably with monthly repayments to the loan