CODE arranges 6-figure unsecured growth loan for UK SME

by | Jan 23, 2019 | Case Study, CODE Investing News, Small Business News

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We’ve helped our customer ‘Apex Prime Care’ arrange a six-figure, eight-year loan facility through one of our major institutional partnerships.

6 figure Unsecured loan for Apex Prime Care
It’s a loan that underlines the difference between the types of finance in the market today and what was available just a decade ago. The loan was unsecured, which small businesses are rarely able to access for a loan of that size. Nor did it involve personal Unsecured loan termsguarantees. Best of all, it was all wrapped up — from initial engagement to completionin just one month. This is under half the time it would take for high street bank to arrange a similar loan.
The Client
The loan will be used by Apex Prime Care, a Hampshire-based domiciliary care provider, to power its growth plans, specifically through acquisition. Malcolm Patrick, Apex Prime Care’s Managing Director, was hugely upbeat about the whole process:
“What was most impressive about the CODE team is how they went out of the way to really understand our company in such a short time-frame. The clock was ticking but everyone involved with our project was on hand to provide guidance and answer any questions both in and out of hours. A business loan can often be a headache but CODE Investing made it speedy and seamless.”
The Team
Chris Roberts, Head of Origination and the team at CODE worked closely with Malcolm at Apex to ensure he had all the support he needed to get the loan completed within a tight time-frame;
We are thrilled to be able to help Apex Prime Care secure growth funding, through a process that is not just much faster than traditional high street finance but more cost-effective and flexible. We look forward to providing more businesses with unsecured institutional loans of between £500,000 and £5m in the future.”
To find out how you can apply for a similar business loan, call us now on 020 3923 3373 / 6886 or fill in a few brief details here and we’ll get back to you.
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