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Entrepreneur Finance for US Based Client

29th November 2021
GROUP MD

Toby Johncox

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Entrepreneur Finance for US Based Client
Toby Johncox
GROUP MD

Toby Johncox

Key Facts:

  • Client: US Resident 
  • Property value: $8,000,000
  • Loan amount: $4,000,000
  • LTV: 50%
  • Rate: 8.24% PA

Entrepreneur finance can be used for a variety of purposes. Commonly it is used to start a new business venture or to grow a start-up. You can also deploy capital raised through this type of finance to buy out a business partner or to make strategic investments to support your growth if you have an established business.  

In this case, we were approached by a US based entrepreneur interested in raising funds to put liquidity into his business. The client wanted to use his $8 million property as collateral to raise $4 million. 

Exceptionally few mainstream lenders will be comfortable unlocking significant liquidity for this type of finance. Most of the providers in the market are set up to service smaller businesses, and most consider large loans too risky. They will shy away from complex deals, significant sums of money and unusual situations. Anything in your background that doesn’t pass a lender’s appetite for risk will see your application rejected, even if you run a fantastic, profit-making and easily scalable business in every other way.

Having Enness brokering your entrepreneurial investment will mean you will have direct access to the select players that operate at the top of the market. Enness will help you showcase the best elements of your business and will know exactly what to bring forward and highlight to give a lender comfort. Your broker will know what your lender will need, when they need it, what they will want to see from you and how to best present your application. 

To discuss your entrepreneurial finance scenarios, get in touch today!

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.