A client was in search of a funding solution for their wet and dry wipe manufacturing business.
The client recently took out short-term borrowing, and was after a solution that would consolidate the funding together.
The business required a solution that would provide the consolidation of their funds, whilst ensuring repayments worked with the business’ finances, and ensuring that the repayment schedule would be on a monthly basis.
After a review was completed of the client’s business, MAF Finance Group alongside the client identified that an unsecured business loan would fit and align with the business’ needs. Once this was agreed, we used our panel of funders to gain the best unsecured loan deal for the client.
Thanks to the work from our unsecured lending team throughout this deal, the client was able to receive a £40,000 unsecured business loan over a 3-year term.
The client got access to reduced payments and will be able to repay the loan monthly and not weekly which allowed for a more favourable repayment structure.
To learn more about our financial products, you can email us at [email protected], or if you would like to speak directly to us, you can call us on 0115 958 6872.
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