Insurance brokerage

Term: 60 months 
1 x fully amortising & 1 x interest only
Amount: 1 x £78,000 & 1 x £72,000
Feature: multi-drawdown

When Accredo were approached to help an insurance brokerage consolidate their existing debts we were more than happy to help. We agreed a £150,000 loan backed by 2 director-owned properties, providing them with the breathing space they needed.

A review of the forecasts revealed that debt consolidation wasn't the whole picture and that some of the funds were required for cash flow.  We discussed their requirements to find the most suitable facility and it was agreed that splitting the funds into two separate loans would allow them to manage their debt and cash flow independently, maximizing their financial control.


The loans were structured as follows:

1 x £78,000 – to be used to settle existing short-term debt. Term 60 months fully amortising.

1 x £72,000 – to be used for cashflow. Term 60 months interest-only with break clauses.

By reducing monthly outgoings, bolstering working capital, and providing settlement flexibility, we were able to provide a financial solution that's matched the businesses projected growth.

Our Products

Short term business loans

Our short term facilities have a transparent payment profile of anything from 3 - 18 months allowing your clients to free up cash flow to run their business.

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Long term business loans

Our longer term facilities are available for periods of 5 to 10 years.

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Secured equipment leasing

Purchasing equipment outright often requires a significant investment. Accredo provides secured equipment leasing options for most asset types including second hand equipment as well as leases for intangible assets such as software.

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