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£1m Unsecured Facility Loan for High-End Toiletries Specialists

Jones & Co are finance partners to a leader in high-end toiletries and soap products. They use us because they know that, no matter their requirements, we can find finance solutions that deliver time and time again. 

We’re a finance partner, not just a broker.

This means that we work closely with our clients, keeping their best interests in mind at all times – that’s exactly what we did here, rapidly securing:

  • Loan value: £1m
  • Term: 1 year
  • Interest rate: 15%

The Client

The client is a manufacturer and importer of very high-end toiletries and soap products that are made in an organic, vegan and environmentally friendly manner.

They have been trading for many years and work with some of the best department stores in the UK.

 

The Challenge

The client was trading at capacity, and had very strong business with great customers, which have been loyal to the client for many years before we facilitated this transaction.

However, the client was launching a new product line. Two of his major customers placed significant orders of this new product, meaning that our client needed to raise substantial capital due to the size of the orders. 

Now, due to the way the client’s business is set up and the shareholding structure, there were no guarantees which were available, meaning that the client was struggling to find an unsecured finance solution on short notice. 

Unsure how to proceed, they reached out to our specialists at Jones & Co.

 

Our Solution

Understanding the client’s urgent need, our team quickly got to work.

We connected with a variety of lenders in order to find the perfect finance solution for the client. We quickly managed to raise an unsecured facility loan of £1 million. This unsecured loan was acquired based on the strength of the business and the strength of their presence in the market that had been built over the years. 

The client was delighted that we delivered on our promises, and quickly, too!

“J&Co managed to deliver the impossible! A £1m facility with no security at all at a similar interest rate to an overdraft. We will come back to J&Co for a further top up and discussions re other opportunities in the future.”

solicitor pointing at a contract - business finance specialist Jones & Co

If you are in a similar position, or are looking for finance options where you are not personally liable for the debts, our team at Jones & Co can help. 

Whether you require a finance product that does not require any guarantees, or you would be happy with an insurance policy which is lodged against the facility to alleviate liability against your shareholders/directors if a PG in required, we will be diligent in finding the perfect solution to meet your needs.

We’re proud of the fact that each and every policy we provide is moulded uniquely to our clients’ requirements. We put the time in at the front end of our relationship, learning everything we need to know about your business in order to give us the best chance of success with our lenders. 

We make a difference to our partners’ finances every single day. If you want to see a new way to finance your business, don’t hesitate to get in touch with our friendly advisors for a no-obligation chat. 

Talk to us

 

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