Unsecured Business Loan for an Independent Veterinary Clinic

Expanding your business to a new location is a fantastic opportunity for growth and can strengthen revenue potential as well as your brand’s recognition. 

But expansion brings inevitable strain on cash flow, and with increased corporation tax and more capital needed to cover employee’s salaries, you may need a business loan to help maintain financial stability.  

A business loan is one of the more straightforward business finance products to secure, but getting a truly competitive offer without an expert business finance broker can be difficult. 

Our client reached out to Clifton Private Finance to meet their tight deadline – here’s how we achieved it. 

The Scenario 

Our client owns a series of successful veterinary clinics which have expanded across the UK.  

Growing revenue and high demand for appointments from local pet owners led our client to acquire another clinic, giving them access to new customers whilst also taking some pressure off their busiest locations. 

The Process: 

Our strong relationships with multiple lenders, alongside our client’s robust balance sheet, meant we were able to secure multiple offers for our client in a short timeframe. 

After talking through the best options with our client, we quickly finalised an unsecured business loan for our client and advised including a personal guarantee. This lowered the interest rate offered by the lender, whilst also improving lender comfort. 

This offer was only possible with an expert business finance broker and a business that has demonstrated significant creditworthiness. 

Our client’s £250K loan was to be paid back over five years and was fully flexible. This gave them the freedom to pay back the loan before the end of the loan repayment term if they were able to do so. 

The Results: 

Our client expressed their gratitude for the broker’s vigilant communication, and the frequency of calls, texts and emails that kept them up to date throughout the entire process. 

If you’re a growing business keen to expand your brand, Clifton Private Finance’s dedicated team of brokers is here to help. For expert business finance advice, we’re ready to bring you the most competitive offers available.