The Brief

A hospitality business sought to purchase its Edinburgh premises with a discounted sales price, challenged by limited funds due to  the impact of covid and complicated financial history. A solution was devised, securing 90% of the purchase price in 2 months, resulting in reduced financial burden compared to previous rent.

The Challenge

The primary obstacle for this business in facilitating this change was the scarcity of available funds to meet the purchase price. The covid-19 pandemic had significantly impacted the hospitality industry, adding an additional layer of complexity to this financial endeavour. Furthermore, the business’s prior financial records posed a challenge in approaching potential funders.

The Solution

Despite hurdles, a strategic plan was crafted to address the funding requirements for the property acquisition by leveraging a deep understanding of financial intricacies and an extensive network. By exploring alternative financing options and emphasising the discounted sale price we secured 90% of the purchase price within 2 months.

The Outcome

The result of this process ended up in triumph for the business. Within only 2 months from the initiation of the enquiry, the funding was successfully secured, paving the way for the purchase of the premises. This achievement was not only a significant step towards the business’s stability and growth but also carried a notable financial advantage.