EFS-NI.com is gym equipment company based in Ballymoney. They specialise in overseas sales and had a great opportunity to purchase more equipment. They needed to raise capital, but had been turned down by local banks and came to Milecross Commercial Finance for help.
We were able to source a £200,000 unsecured business loan. We were able to agree the finance within 2 days and the client drew the money down 8 days later. This is exceptionally quick and at a pace the banks could never match. With a rate of 6.9% over 5 years, back by a personal guarantee, this enabled the business to act quickly and secure stock at a very competitive price.