Mr D B – Ashton-Under-Lyne
- Commercial
- 25/03/2020
After winning a lucrative contract, Mr B needed funding on an urgent basis and we were able to arrange two separate loans to provide the funding that he required to be able to honour the contract. Around 6 months later we identified a Lender that would suit his needs better and drastically reduce the interest amounts he was paying over the combined loans. We immediately contacted Mr B and advised of the alternative Lender, and that he would be able to consolidate both loans and reduce the monthly payments, which of course he was happy to proceed with. We were able to reduce monthly combined interest at 10.5% to the new Lender rates at an improved 15% per annum, most importantly he was able to clear this loan early without penalties once the contract had been fulfilled.