From New Start to Smart Start: How a Young Construction Firm Secured Finance Just in Time
Client
27 YMR Construction Limited, Construction, Hertfordshire, UK
What They Needed
Funding fast – with only a two-week window
A lender that recognised experience, not just trading history
Support navigating financial year-end timing
Where We Stepped In
We took the time to fully understand the urgency and complexity of the situation, including the client’s need to complete the transaction before their first year-end. Our priority was securing finance for a vital asset: a brand-new commercial vehicle due for imminent delivery. By leveraging our close relationships with a panel of specialist lenders, we structured a £13,125 hire purchase agreement over 36 months. Crucially, we partnered with a lender that factored in the client’s previous self-employment history – overcoming the challenge of limited trading data. Despite multiple bank holidays cutting into the timeline, we completed the deal within two weeks, giving the business the green light to move forward with confidence and hit critical deadlines.
The Outcome
The finance was secured within the tight timeframe, allowing the client to proceed with their tax strategy exactly as planned. More importantly, this marked their first major step as a limited company – backed by the right funding partner. With the vehicle now in place and momentum building, they’re on track to grow with confidence in their second year of trading.
“SCF were very helpful, always kept me informed about the progress, a serious and dedicated company.”
“Working with new start-up businesses – especially on their first acquisition – is something I’m truly passionate about. It was incredibly rewarding to call Ilie and let him know that his application had been approved. I’m excited to see how his business grows from here and look forward to supporting him along that journey”
Ready to Move
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