A new start business was introduced to us by one of supporting brokers. The business was based in Lancashire and its principle activity was that of a self-storage unit.
Whilst KAFL would not normally consider a new start up, on further discussions we established that the sole director was indeed a successful business man with an impressive personal net worth.
Taking a commercial stance we could see there was merit in the deal and agreed a facility of £25k over 2 years to include a Personal Guarantee from the Director for racking and mezzanine flooring.
"Prior to setting up Luv Asset Finance I had come across KAFL in the market and heard some positive comments. When I was approached by their Head of Sales it was without hesitation I invited them to join our panel of funders. As our business grows & develops it’s good to have a Tier 2 funder that can think outside the box on tricky credits that the Tier 1 funders do not have the appetite for."
Richard Fothergill / Director
May 5, 2021
Interested in becoming a supporting broker? Don’t forget we will consider different industry sectors, story book… https://t.co/ZRnJWqNN3Y
May 4, 2021
Our latest Deal of the Month is now live showcasing a great example of our Refinance Equity Release product. See… https://t.co/prOqlNNqbq
May 4, 2021
RT @asmalley54: 2021 look 😍🔥 First official test day of 2021 complete at Snetterton and ended the day P1 overall! Let’s keep this up headi…
Apr 30, 2021
Please note the office will be closed on Monday for the May Day Bank Holiday. We will be back in at 9am on Tuesday.… https://t.co/7KT0kt1h68
Apr 29, 2021
Delighted to announce we are now part of the @shoutnetwork! Looking forward to getting involved and meeting other m… https://t.co/ClquZv8wT3
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