Case Studies - Business Plans

These brief case studies highlight the benefits of the Business Plans service.

New Business seeking debt to preserve equity
Referred by a Business Advisor

Our client had an excellent business idea but couldn’t find a bank to back him, and was faced with having to give equity away to an investor.

We identified his business plan as being the problem. After helping prepare the information and data that had been omitted, and advising what needed to be taken out, we redrafted the plan in a much more “lender friendly” format, and sent it to some suitably qualified lenders.

Finance was swiftly secured and on the strength of the proposal, the bank discounted their fees and interest rates. These savings covered our fee but paled into insignificance compared to the savings he has since made by retaining all the equity.

Funding shortfall on a business purchase
Referred by client’s Accountant

The problem here was a funding gap on the purchase of a new business.

Our client had prepared his own business plan and wanted to organise his own finance but after using his savings and remortgaging his home, he still needed another £100,000, which no bank would lend him.

He asked to look at his business plan, which unfortunately raised many unanswered questions and concerns and was probably causing prospective lenders to lose confidence in the proposal quite quickly.

Once we had addressed these failings, the client was able to secure the balance he needed straight away.

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