After first meeting this client three years ago, we have now completed three unsecured business loans, two last Spring 2016 and the latest this month, January 2017. This one was for £100,000 over five years and supports the client company’s ongoing sales growth, which for the last year end (Dec. 2016) is likely to exceed £2m for the first time in 13 years of trading. In the service sector, the company had only a small bank overdraft and loan and with limited business assets had no other option for funding with their bank. Total facilities now completed via Steadways amount to £235,000. Another successful result after the bank says ‘no’.

Leave a Reply