£55,500 loan to assist with property renovation
Chordis Capital was approached via Finance 4 Business by an individual seeking a small facility to assist with the purchase of a two-bedroomed property that he intends to renovate and sell on. The client is experienced with 3 past projects completing but did come with some past credit issues following redundancy a few years ago leaving some rolling arrears.
Due to the relationship between Chordis Capital and Finance 4 Business, we were able to quickly review and discuss the case and able to agree a way forward which met the clients’ requirements. ‘The Chordis Way’ means we were straightforward and agile to deal with.
A Gross Loan of £55,500 was provided with an 8-month term.