Case Studies
€200K Fast Business Loan Secures Site Purchase for SME
Clancy got me the funds in days and my site was secured—fast, easy, and stress-free.
The Outcome
- €200K business loan secured
- Same-day loan approval
- Client in funds within two days
- Three-year term loan
- Flexible repayment terms
- Site secured ahead of competition
1.
Summary
The construction company had the opportunity to purchase the site adjoining its existing premises, providing valuable additional storage for plant and equipment. With other buyers interested and the vendor looking for a quick completion, the business needed finance that could be arranged within a very short timeframe. CBF identified a lender with the appetite and ability to act quickly and secured a €200K three-year business loan.
2.
Challenge
The site was particularly valuable to the SME because of its location beside the existing premises and the additional capacity it would provide. However, the vendor wanted to complete quickly and there was competing interest from other buyers. A conventional bank application was unlikely to meet the required timeframe, so the business needed an alternative funding route capable of providing both a lending decision and drawdown within days.
3.
Approach
CBF assessed the requirement and identified a lender specialising in fast business loans rather than pursuing a standard bank application. We prepared and submitted the application with the information required by the funder to make a quick lending decision. Same-day approval was secured, and we arranged the €200K facility over three years with flexible repayment terms suited to the business’s cash flow and funding requirements.
