Purchase of a commercial property
Retail business, laundrette.
Entries by Hayley Lafrance
Funding to refinance industrial units and self-storage containers
We received an refinance enquiry from a business person who owns a small industrial estate in Northamptonshire, compromising of a combination of industrial units and self-storage containers. They wanted funding, to refinance away from an existing lender, having come to the end of their term with the loan during the lockdown. The client also wanted […]
Finance for the purchase of a pub
In one of the hardest hit industries, with ever changing Covid-19 regulation, we are striving to help clients to become financially stronger. With robust plans in place to conquer the adversity and responsible finance measures to drive these plans forward our clients can secure a future in the hospitality industry come what may. In this […]
Business acquisition funding
This client was looking to purchase a well established pet shop in Berkshire from the current owner who is retiring. The client came to us having been let down by their initial lender who shut their doors to new business due to the Covid-19 lockdown. The client was wary having spent funds with this lender […]
Success in obtaining a new business start up loan in the current climate.
During the current lockdown a client in the North East approached Genie Lending for help in purchasing a retail franchise. The business was for both online and shop based sales of specialist herbal products. Whilst formal long term lending was unavailable for the client, due to this being a new start business, Genie Lending was […]
Convenience store owner develops business portfolio to become a landlord.
A convenience store manager who had owned and successfully traded from the same premises for 10 years in Cheshire had recently grown to require new premises. The ambitious client, had been steadily growing the business and consistently repaying the existing commercial mortgage facility with their high street lender. However, having now outgrown the building, they […]
Revolving credit facility case study
A new client to Genie Lending, with a newly established business based in the East Midlands, won a contract to supply specialist drilling equipment to the military. However, due to the nature of the contract and restrictions of the industry, they are required to pay up front for the equipment before receiving payment from their […]
New start up company in the music business
This case study highlights the benefit of being in a formidable financial position with a new start up, while leaving the delicate transition of an existing company to the next generation in full financial strength. Genie Lending have been instrumental in providing finance for this long standing client who has owned and traded a successful […]
Funding for the purchase of a coffee shop in Worthing, Sussex.
Our Client has been managing a seaside café for several years and was given the opportunity to purchase the café from the owner. The fit was perfect, and there could be no question regarding the viability of the business model given it’s current trading figures. Buying this independent cafe was simply an easy choice which […]
Development funding for overlapping project
An experienced property developer in South Yorkshire, who is a long-standing Genie Lending client, approached with a potential new development project, however, as their current project had not yet completed, funds were tight. The client had been offered the opportunity to buy land with planning at below market value, however, they did not have enough […]
