Gary Guest on getting the deal 'over the line'
Having already lent more than £2 million from a standing
start in early 2011, the North West Fund for Business Loans is
providing a real boost for the North West’s businesses. Providing
loans of between £50,000 and £250,000, fund managers FW Capital can
work with banks to get deals ‘over the line’.
Working alongside banks we can help with:
- Client retention
- Client growth
- Risk sharing
Some examples of how we can work with banks:
Businesses with a lack of trading history
We can lend to businesses that require cash for working capital
and even those with limited trading history. In this case
we’d take into account factors such as the strength of the
management team and any signed contracts from major suppliers, for
Working with the business and its bank, we can help the bank
preserve its relationship.
We can lend to help businesses to purchase owner-occupied
business premises where a bank can only provide a loan at a
loan-to-value (LTV) ratio lower than the business
FW Capital can provide the shortfall, enabling the deal to go
We can lend to businesses which need to purchase equipment to
fulfil new orders where the bank’s asset finance provider requires
a larger than expected deposit. FW Capital can fund the
increased deposit enabling the bank to generate increased
We can lend to businesses with increased working capital
requirements, for example where the bank is unable to fund stock
purchases due to lack of security. The working capital must
be needed to help the business achieve its future growth.