Inspired Lending has funded a £500,000 capital raise to support a business owner’s cashflow requirements.
The case was introduced by Callum Taylor of Portway Finance and the funds were secured by second charges against a portfolio of seven tenanted residential properties, comprising a combination of houses and flats, at 71% loan to value (LTV).
SWIFT PROCESS
Desktop valuations were used to enable the deal to be completed within a tight timeframe. The borrower required the funds urgently to facilitate ongoing business needs, with repayment to be made from the proceeds of upcoming business transactions, as evidenced by the borrower.
Taylor, CEO and founder of Portway Finance, said: “This case required a lender who could offer a flexible, common sense approach and move quickly.
“Inspired Lending’s ability to use desktop valuations and work within a tight timeframe was pivotal in helping my client access the funds they needed to keep their business running smoothly. Their proactive and solution-oriented approach made all the difference.”
“we pride ourselves on finding a way to navigate complex cases without sacrificing speed or quality”
Gavin Diamond, CEO of Inspired Lending, added: “This deal highlights our commitment to providing fast, flexible lending solutions tailored to meeting our clients’ needs.
“Desktop valuations coupled with our streamlined process enabled us to deliver funds promptly, helping the borrower maintain business momentum.
“At Inspired Lending, we pride ourselves on finding a way to navigate complex cases without sacrificing speed or quality.”
