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New Beauty Salon - South West of England - Entrepreneur looking to start a chain of beauty salons (possibly franchised in due course) -Sought help to prepare a business plan and raise funding. - £75,000 bank funding agreed - Together with leasing facilities in excess of £100,000 to enable the purchase of all necessary equipment. |
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Bang & Olufsen - North of England - Existing employee of the company wanted to purchase his own Bang and Olufsen franchise. - On a written down basis he had no available security. - Business Plan prepared - Bank criteria met in full. £100,000 5-year loan agreed on behalf of the client under the Small Firms Loan Guarante Scheme - Plus a further £30,000 of leasing facilities. |
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