At this time, the clients met Ashdown Capital’s Andrew Still, who came aboard to ensure that they were securing the best possible financing solution. Upon review of the clients’ position and prospects, Andrew was confident that he could secure stronger terms for the purchase.
Andrew repackaged the deal, highlighting the strengths of the clients’ current business operations, as well as the opportunity presented through the new franchise’s sales history and location. He then distributed it to his established network of lenders. The successful lender ultimately provided a more favourable rate and terms than the client-sourced deal, while also offering line of credit facilities and cost-saving refinancing for previously-held bank debt.
The clients are now well on their way to duplicating their success through their new, bustling franchise location.