We find that little and often works very well when it comes to business funding, but every so often a larger, longer term facility is required to reduce that monthly outgoing figure right down to something more manageable. This is exactly what a client of ours was looking for. He came to us with outstanding balances of six loans all due to complete within the next 24 months. Like so many businesses nowadays this client was under constant pressure when it came to cashflow and was seeking a facility that would enable him to roll them all up in to one to ease that strain. We were able to source a five-year facility large enough to wipe out the six loans and cut the clients monthly outgoings down to a figure that steered concerns away from cashflow and allowed him to concentrate on the job in hand. At JPM we feel there are so many attributes to a consolidation loan when it fits the circumstances of the client, in this instance the client was able to rest easy knowing his finances are back under control stands head and shoulders above anything else.
Background We find that little and often works very well when it comes to business funding, but every so often a larger, longer term facility is required to reduce that monthly outgoing figure right down to something more manageable. This is exactly what a client of ours was looking for. The client came to our loan adviser and company director with outstanding balances of six loans all due to complete within the next 24 months. Like so many businesses nowadays this client was under constant pressure when it came to cashflow and was seeking a facility that would enable him to roll them all up in to one to ease that strain.
We were able to source a five-year facility large enough to wipe out the six loans and cut the clients monthly outgoings down to a figure that steered concerns away from cashflow and allowed him to concentrate on the job in hand.
At JPM we feel there are so many attributes to a consolidation loan when it fits the circumstances of the client, in this instance the client was able to rest easy knowing his finances are back under control stands head and shoulders above anything else.
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