Case Study - LUV Asset Finance

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.

Case Study - LUV Asset Finance

Our Solution

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.

What they said

"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

LUV Asset Finance