Case Studies
A J K Woodflooring
Number Eight find cashflow funding for a long established flooring company for a £300k finance facility
“Teamwork got this deal over the line”.
FULL CASE NOTES
PSM Reid Masters
Number Eight source funding for a tax advice and accountancy company for a long-standing business succession plan
“Number Eight Business Finance matched us to the best finance provider and within a tight timescale”.
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Naturally Learning
Number Eight were quick to identify the issue and following an initial meeting and due diligence, were able to present an offer from one of their panel of secured len ders. The lender was quick to support and Naturally Learning received the cash within the short timescales.
“I identified a huge critical deficit in the company finances, but I was fortunate to have the support of Gary Langan and Craig Varley from Number Eight Business Finance. Their knowledge and experience helped me to forecast my financial concerns. Together with the rest of the team at Number Eight, they all worked tirelessly to help the business through this difficult phase of growth.”.”
Terranova Group
Here follows a short film starring our Managing Director, David 'De Niro' Grosse.
— NumberEightBF (@NumberEightBF) October 2, 2018
@nucleusfinance @JohnGlenUK #accesstofinance #SmallBusinesses #advisoryled #bestfitfinance #humaninteraction pic.twitter.com/vfmQIbeSjz
The Old Farmhouse Jewellery
Such a wonderful customer to have worked with... and what a fantastic good news story ending in a life changing purchase order from FatFace. Getting our customers advisor-led access to the finance they need efficiently and quickly is key to our success.. Owner Victoria Whitaker said...
“Using Number Eight Business Finance will be my first option for finance in the future. Gaining access to finance is a maze! Therefore, it makes sense to work with an organisation that can advise me on the best options available and be clear of the timescales, too.”
Woodlands Lodge
The traditional method of raising funds from a high street bank was proving fruitless and very time consuming for hotel owners Rob and Imogene Anglaret. After being referred by a leading firm of architects, Number Eight were able to arrange an unsecured loan, over 5 years with no early settlement penalties, enabling the New Forest based hotel to proceed with their leading edge extension plans to offer the UK's first passive-house accommodation. Owner Rob Anglatret said...
“Within 2 weeks of contacting Number Eight, funding had been approved. In addition, the lender agreed to allow us to draw down at each stage of the development. Thank you to all the team at Number Eight, we couldn’t put a price on all the help and support you have given us”
Fusion Experience Ltd
Fusion Experience Ltd are based in London. The company specialises in IT & global communications technology. They approached Number Eight when the company needed funding to support a range of requirements including working capital and the consolidation of existing bad debt. Finance was also needed for research & development purposes. Steve Edkins, CEO, of Fusion Experience Ltd. found working with Number Eight and the lender, RateSetter, both efficient and effective...
“All the necessary due diligence was carried out in a positive manner and I was kept fully informed at all stages of the process, even when things appeared to take longer than expected. On the occasions that I needed to speak to someone, they returned my calls promptly, were knowledgeable and a pleasure to work with. Understanding our business was important and it was refreshing".
Bassaire Ltd
The directors of Bassaire approached their incumbent bank for finance, but found the process slow and the security requirements too harsh in the light of the company’s successful track record and length of time as a customer.
The introduction to Number Eight Business Finance was made by the company’s accountants Following an initial meeting, the team were able to quickly identify an alternative to a traditional bank loan. Bassaire Managing Director, Neil Thomas, said...
“Number Eight came up with an option to provide finance within our timeframe and it was hassle free. They were a lot easier to deal with than the bank.”
Fruit-based Ingredients Factory
£220k secured for a major UK supplier for refinancing and working capital purposes... As much as 40% of new fruit juices and juice based soft drinks found on super market shelves across the UK have their origins in the client's Luton Based Factory.
“Despite the size and success of our business, we have struggled to work with our long-term bankers. Therefore, we were recommended to Number Eight Business Finance who have been superb in helping us to raise the funding needed. We have now worked with Number Eight for a number of years. The advice and support provided has been second-
to-none.”.
FULL CASE NOTES
Exhibition & Event Company
The capital raised was used to fully refurbish the customer’s head office based in London. The refurbishment included re-decoration, various electrical installations, new flooring, general building works and new high tech office furniture throughout.
“First class service and thank you for securing our term loan for our upcoming office refit. Just four days from completion of application to receiving funds!!”.
FULL CASE NOTES
