Jacobs Allen, a member of the Corporate Finance Network with offices in Suffolk has advised the owners of a local entertainment business in raising £100,000 of bridging loan funding.
The client approached Chris Kelly of Jacobs Allen to find a source of funding to support their expansion plans.
The potential types of suitable funding and available providers was limited. Using Capitalise, the Jacobs Allen Corporate Finance team were able to achieve a competitive offer and drawdown for their client.
This enabled the clients to progress their project to move to significantly larger premises and develop their vision of a multi-entertainment venue.