- Loan Amount: Circa £960k
- Loan Term: 60 months
- Repayment Terms: No early repayment penalty
- Time to Completion: Under 1 week
Enness was approached by a London-based business seeking fast, unsecured funding to support a time-sensitive commercial opportunity. Although the company had existing capital available, it wanted to use external finance to preserve liquidity and maintain flexibility around its working capital.
The key challenge was sourcing a substantial unsecured facility within a very short timeframe. The client required funding quickly enough to act on the opportunity without relying solely on its existing cash reserves, meaning both the timing and structure of the facility were important considerations.
Enness sourced and arranged a circa £960k unsecured business loan. The facility was structured over a 60-month term and included no early repayment penalty, giving the business flexibility around repayment, subject to the agreed facility terms.
The transaction was completed in under one week from initial engagement. Enness worked with the client and lender throughout the process, ensuring the required information was presented clearly and allowing the lender to assess the application within the required timeframe.
The resulting facility provided the business with additional liquidity while allowing it to retain more of its existing capital. The repayment structure also gave the client the option to repay the facility early if its circumstances changed or the funding was no longer required, subject to the agreed terms.
This case demonstrates how unsecured business finance can be used to provide additional liquidity where a business has time-sensitive funding requirements. Through its network of lenders, Enness can explore financing structures for businesses and entrepreneurs with complex or time-sensitive requirements.
Important: Enness does not provide advice or recommendations on corporate business finance. Lender introductions are unregulated. Finance is subject to lender criteria, underwriting and the individual circumstances of the business.
Whether you require working capital, business funding or an unsecured finance solution, contact Enness to discuss your requirements.
Information contained in our case studies is for market and illustrative purposes only. In some cases, these may be made up of multiple cases and are for illustrative purposes only.
Some case studies are made up of enquiries that have come into the business, not all business completes, and the posting of a case study does not represent a completed piece of business.
Property values can fall as well as rise, and you may not get back the amount originally invested. Property investments can be illiquid and may take time to sell. Where borrowing is used, your property may be repossessed if you do not keep up repayments on a mortgage or other loan secured against it.
