Business Funding in 13 Days

At FOLK2FOLK, we pride ourselves on delivering fast, reliable financing solutions, even in time-sensitive situations. Recently, we had the opportunity to help an experienced Borrower purchase a luxury wedding venue, completing the entire loan process from application to draw down of funds in just 13 days.

The Borrower, an experienced professional in the wedding venue sector, faced an unexpected challenge: their lender had backed out of the loan at the last minute due to prolonged negotiations over a second charge. With the deal on the line, they needed a new financing solution fast and FOLK2FOLK was able to step in and save the deal.

How We Did It

We began by addressing the valuation report; rather than waiting for a new valuation, we approved using the pre-existing one, a key step that saved precious time. Within 48 hours of receiving the application, our Credit Committee reviewed and approved the loan.

• Expert Legal Work in Action
  Despite the tight timeframe, the loan approval was just the beginning. The legal work posed a challenge, with numerous titles to review and a total of 52 sets of planning permissions. However, FOLK2FOLK’s solicitors worked closely with the Borrower’s legal team, ensuring all documents were thoroughly reviewed and processed quickly. This close attention, expertise, and coordination made all the difference.
• An Attractive Investment Opportunity
  The security and rate on offer were attractive, and our community of Investors filled the loan rapidly, ensuring a win-win situation for the Borrower and our Investors.
• Delivering on Our Promise
  This case demonstrates what we do best – providing flexible funding tailored to meet the needs of our customers. By acting swiftly and leveraging our expertise, we helped the Borrower seize a valuable business opportunity without delay.

We understand that timing is crucial. Whether you’re a Borrower seeking fast funding or an Investor looking for secure opportunities, we’re here to deliver results.

01566 773296 I  br*****@*******lk.com