Background

This company runs virtual and in-person events for corporate professionals. Their focus is on strategy, education, and networking.

The business was in strong shape, with annual revenue of £3.5 million and profits of around £250k. This made them attractive to lenders, with plenty of finance options available.

Funding request

At the time, they already had around £300k in borrowing across three lenders and were looking to raise an additional £150k over 12 months.

The CFO had a direct offer from a lender they had worked with before. The relationship there was strong and the lender made borrowing money easy. However, the CFO wanted to understand the value of working with a broker and whether we could find a better option.

We sourced a loan with lower rates and, in our opinion, better T&Cs. However, they chose to stay with the lender they knew and trusted.

How we helped them RISE

Four months later, the CFO had not been able to repay the £150k early as planned. The monthly payments across all four loans were straining their cash flow, limiting their ability to invest in new opportunities.

With £450k spread across multiple lenders, we stepped in to help restructure the debt. However, the best offers we received were limited to £250k. To secure the full amount for the client, we worked with two lenders, being open and transparent with both about the arrangement. The blended interest rate was 15.5%, more than half what they were paying across the previous products.

This reduced the total interest, extended the term, and cut monthly repayments by over £6,000. The result was immediate relief on cash flow and renewed room for growth.

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