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Keeping it in the family

We provided a £37,670 loan to enable a customer to save her late father’s company.

The challenge

A daughter was looking to save the family business, built up by her late father. Having inherited her dad’s business, which had been his ‘pride and joy’, she was determined to make a success of the company but needed funding fast to deal with some existing debts. She was introduced to Clever Lending by her mortgage broker, to boost cash flow so she could realise her plans for the company.


The solution

Knowing our reputation for speed, Clever Lending brought the case to us and, working in partnership, we provided a loan of £37,670, secured against commercial property, so the customer could progress with her plans to take over the business.