Recent deal from Key-£350k funding for land purchase!

  • Client approached Key as they required assistance in purchasing land and property assets.
  • Client wanted to expand their business, which has seen steady growth over the last 5 years.
  • Funding was based on historical accounting information and needed to incorporate the residential home of the owners.
How did Key assist?
  • After speaking with several lenders, an high street lender agreed the below competitive loan facility;
  • Total amount borrowed-£350K
  • Total loan term- 25 years
  • Interest rate-3.31% (over base)
  • Additional unsecured facility from a specialist lender of 40k to provide working capital so the business could benefit from the additional capacity.

Here at Key we have a team of highly experienced ex-bank managers who can effectively assist you whatever your financial circumstances. Please do not hesitate to contact the Key team on the below, and we would be more than happy to assist you.