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Case Study

£250k Funded for Insurance Brokerage

What does the business do?

This business is an insurance broker that specialise in insurance for schools, they are the only family run business in the industry trading since 1997.

 

Deal Spec

Product:

Unsecured business loan

Sector:

Insurance

Loan Amount:

£250k

Purpose:

Consolidate existing debt
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What were the businesses plans?

The business was looking to consolidate 4 outstanding loans that were in place onto a facility that was more affordable for the business, they were paying nearly £8,000 per month with the 4 facilities.

Hands holding a money bag

How aurora Capital Helped

We were able to consolidate the 4 outstanding loans onto a facility that would be saving them nearly £2,000 per month.

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