Inspired Lending provides £500k capital raise for business cashflow requirements

26 November 2024

Inspired Lending has successfully provided a £500,000 capital raise to support the cashflow requirements of a business owner. The funds were secured by second charges against a portfolio of seven tenanted residential properties, comprising a combination of houses and flats, at 71% loan-to-value (LTV).

To ensure a swift process, desktop valuations were utilised, enabling the deal to be completed speedily within a tight timeframe. The borrower required the funds urgently to facilitate ongoing business needs, with repayment to be made from the proceeds of upcoming business transactions, as evidenced by the borrower.

The loan was introduced by Callum Taylor of Portway Finance, whose expertise in handling time-sensitive and complex transactions ensured the success of the arrangement.

This successful outcome demonstrates Inspired Lending’s expertise in delivering bespoke funding solutions for clients with urgent or unique requirements, cementing its reputation as a trusted partner in the specialist lending market.

Callum Taylor, CEO and Founder of Portway Finance, commented:

“This case required a lender who could offer a flexible, common-sense approach and move quickly. Inspired Lending’s ability to use desktop valuations and work within a tight timeframe was pivotal in helping my client access the funds they needed to keep their business running smoothly. Their proactive and solution-oriented approach made all the difference.”

Gavin Diamond, CEO of Inspired Lending, added:

“This deal highlights our commitment to providing fast, flexible lending solutions tailored to meeting our clients’ needs. Desktop valuations coupled with our streamlined process enabled us to deliver funds promptly, helping the borrower maintain business momentum. At Inspired Lending, we pride ourselves on finding a way to navigate complex cases without sacrificing speed or quality.”