Re-start care home with poor searches

New start:

Term: 8 years
Amount: £300,000
Feature: low-start payments

A care home owned and run by a husband and wife was dissolved due to divorce. One partner wished to start again in the same industry but the divorce circumstances had created poor personal searches and company accounts.

Outcome

As the remaining partner now owned their house outright, Accredo supported this new solo venture with a secured £300,000 facility over 8 years and a low-start payment arrangement to fit the growing income profile of the new limited company.

Our Products

Short term business loans

Our short term facilities have a transparent payment profile of anything from 3 - 18 months allowing your clients to free up cash flow to run their business.

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Long term business loans

Our longer term facilities are available for periods of 5 to 10 years.

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Secured equipment leasing

Purchasing equipment outright often requires a significant investment. Accredo provides secured equipment leasing options for most asset types including second hand equipment as well as leases for intangible assets such as software.

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Contact us

We're here to help so if you would like further information about the products and services we offer, our experienced team are ready and waiting to assist.

Tel:  01444 255915

Fax: 01444 255910

Email: customerservices@accredo.co.uk

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Our products

We provide secured business loans from £25,000 to £1,500,000 specialising in solutions for new-starts, difficult credits and established companies. We lend against residential, commercial, mixed-use and buy-to-let property. 

We aim to give decisions in under three working hours. Our repayment terms are from 3 months to 10 years. And we offer fixed repayments or flexible terms such as seasonal payments, deferred payments and interest-only.

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For more information on any of our products click below to fill out the enquiry form or call our customer services team on 01444 255915
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