Stuart Watson, Regional Director, Business Development SME Capital said:
“This is an excellent acquisition opportunity, with a niche in an expanding market & potential to develop the business further. The business has a first-class reputation in the sector with a proven management team that will continue to drive the business forward.
“We have been pleased to support the management team with this acquisition with a five-year loan including a capital repayment holiday and bullet repayment structure to help with the initial integration and maximise cash headroom.
This is another introduction from Neil Sharp of TML Finance & Advisory. Also, thanks to all at our lawyers Clarion.”
Neil Sharp, Director at TML Finance and Advisory, added:
“It was great to see all the moving pieces align from the start to the final agreement. We have extensive experience in working on these types of deals for clients, and it’s always good to put that experience to good use for a positive outcome for our clients.
It was also a great experience working with Stuart and the wider team at SME Capital again, who went above and beyond to make this transaction happen as they always do.
If you would like to discuss MBI financing in more detail or our wider funding capabilities do get in touch.
About SME Capital
SME Capital was founded to support the growing number of SMEs who face difficulty or frustration in accessing capital through traditional methods. We understand the importance of real and trusted relationships in the SME lending market and have dedicated Regional Directors based across the UK. By combining traditional lending expertise with the latest in data analytics, we are supporting established UK SMEs with their long-term objectives and business ambitions.
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