One of Reparo’s long-standing clients required funds to complete a development project. The client needed the funds quickly and knew his bank would not be able to complete the transaction in time.
The funds of £450,000 were required within ten days; due diligence had to be carried out to get the money drawn down in time for the deal to complete.
Reparo’s Operations Director Sharon Bryden took the call, she says “it was great to hear from someone who had a good experience with us on a past deal – this was a tight turnaround but my instinct was that we could get it completed–there was no time to lose, so I quickly arranged to meet the client”.
Sharon has seen hundreds of deals over her 20-year career in asset-based lending, and she felt Reparo could help. This was only because of the extraordinary expertise, contacts and resilience of the Reparo Team; this is how they did it:
The deal was completed in time, and the client’s project went ahead. Sharon was pleased to help: “It was gratifying to help this entrepreneur for a second time; he had a great proposition, but the traditional system was just too slow for him. We got him the funds really quickly – without our help the deal would probably have fallen through”.
To discuss a loan between £10,000 and £1m, please get in touch with one of the team on firstname.lastname@example.org or 0161 451 5714. You can find out more about us on our website: www.reparofinance.co.uk