Nicholsons, a member of The Corporate Finance Network based in Lincolnshire, supported a client to raise finance for the acquisition of a property, helping to support the next stage of its strategic plans.
The transaction required a loan of £2.4m to fund the purchase of the premises. Richard Hallsworth led the engagement on behalf of Nicholsons.
To support the application, Richard prepared financial projections and reviewed the lender’s proposed covenants to ensure they were reasonable and achievable. This formed part of a wider package of work, which also included advising the directors on their strategic objectives and growth plans.
By combining funding support with commercially focused advice, Nicholsons helped the client progress an important transaction aligned with its future plans.
