Client Profile
Our client, a highly regarded business in their industry, operated from a large office and warehouse space. Landlord issues put their future into question. As an existing client, they approached us, and we suggested a mortgage to buy out the landlord.
The Challenge
Securing the mortgage presented significant hurdles:
- Approval Difficulties: Obtaining a mortgage during COVID-related market constraints was challenging.
- Time Sensitivity: The mortgage needed swift approval to prevent the landlord from changing their mind about selling.
- Comprehensive Documentation: Gathering extensive information quickly was critical to expedite the process.
Our Solution
We leveraged our expertise and lender relationships to deliver a tailored financing solution:
- 3-Year Fixed Commercial Mortgage: Secured a leading rate (at the time) with a lender renowned for speed and exceptional customer service.
- Deposit Support: Arranged an unsecured loan to fund part of the deposit, easing the client’s financial burden.
- Efficient Process: Collected all required information from the client upfront, streamlining the approval process.
Results
Our financing solution secured the client’s future and delivered key benefits:
Swift
Approval to meet tight deadlines.
0 Years
Fixed mortgage term.
Unsecured
Loan for deposit support.
The client successfully purchased their office and warehouse, securing their business’s future and eliminating landlord uncertainties.
Client Testimonial
“NexGen Business Finance acted quickly and efficiently to secure our mortgage and deposit funding. Their expertise saved our business’s future!”
– Managing Director, Window and Doors Business
Ready to Secure Your Property?
Speak to our team today about your property-based financing needs and find the perfect solution.