£100,000 Revolving Credit Facility for an aesthetics clinic
Case Study Summary
- Type: Revolving Credit Facility
- Amount : £100,000
- Turnaround : 2 weeks
- Term : 12 months
- Flexible facility which can be drawn when required with interest only charged on what is used for the period of time used.
The Story
Aesthetics clinic looking to take expand their services by renovating their clinic to provide more treatment space.
We were approached by the owner of an aesthetics clinic who required a flexible line of credit to allow them to renovate their clinic to enable more space for new treatments and services. They wanted a facility that would allow them to draw funds when required instead of a traditional loan.
We were able to provide a Revolving Credit Facility of £100,000 where they could draw funds when required and only pay for what they use. This gave them the peace of mind that they had funds available to pay for the works required.