Recent content by PaulThompson

  1. PaulThompson

    Buying a commercial property

    There are a lot of circumstances when this can happen - a motivated vendor, a buyer with an "advantage" in the transaction (sitting tenant business maybe). We see a lot of these transactions and can often fund them on the value rather than the purchase price.
  2. PaulThompson

    Buying a commercial property

    What DID you do in the end? Seeing as the thread just woke up!
  3. PaulThompson

    Seeking £30K Private Loan – Established Creative Business, £500K Turnover

    Hi Thanks for getting back to me, I think you're probably right in your estimation, it might be possible to explore cash-flow funding if you have outstanding unpaid invoices. As an aside, we can arrange PG insurance so that if a PG is called in 80% of it is covered by the insurer (subject to...
  4. PaulThompson

    Seeking £30K Private Loan – Established Creative Business, £500K Turnover

    Hi - also happy to have a chat and explore your options if you'd like to reach out? We have a good history of finding funding where banks and other brokers fall short! Take care Paul - Acorn.finance
  5. PaulThompson

    Best funding option for commercial property purchase

    Hi Jay Happy to discuss You are looking at a commercial investment mortgage, it's quite a specialist market and your deal will depend on; The type of property The location The tenant type Your experience Your financial background Your intentions and goals Going through all this and matching...
  6. PaulThompson

    Buying commercial property

    If you're using a mortgage for the purchase then your lender might have restrictions on the conveyancer firm you use (min. 2 SRA reg. solicitors is typical). If you have to, you can bridge the VAT element of the purchase price (but it's not cheap) Let me know if you need any funding advice at all..
  7. PaulThompson

    Loan broker / advisor

    Hi - Sorry I'm a bit late to the party! Have you got this sorted now @welcomebrand? If so please ignore the rest of this post! We may be able to help, we do work with BEFund but they are one of a range of lenders in this market. I'm open to a quick call to get some facts then see where we can...
  8. PaulThompson

    VAT question

    Think you should ask Trump about reclaiming VAT charged in another country 🤣🍊
  9. PaulThompson

    Buying a commercial property

    Thanks Tony, I appreciate that I'm available if you need an advice call anytime, I like to help lining ducks up in advance rather than dealing with the problems of unaligned ducks at a later stage!
  10. PaulThompson

    Buying a commercial property

    Hi @tony84 I know I'm a bit late to the party on this one but it's bang in my wheelhouse so might be able to shed some light! (Full disclosure - I am a finance broker so have a vested interest!) Here are my five thoughts on why you should! I'm afraid for the counter arguments someone else...
  11. PaulThompson

    Who here does funding of smaller M&A deals (in the UK)?

    If he could have bothered reading the whole thread....
  12. PaulThompson

    Who here does funding of smaller M&A deals (in the UK)?

    Of course I should have said Growth Guarantee Scheme, same thing essentially but they do like to change the name from time to time to make it look like they're doing something!
  13. PaulThompson

    Who here does funding of smaller M&A deals (in the UK)?

    Thanks Mark If I had £1 for every dreamer since I started in 1997......
  14. PaulThompson

    Who here does funding of smaller M&A deals (in the UK)?

    Thanks Clinton - Glad that's useful The lower limits tend be be £25,000 for sole traders but constituent parts of the funding for companies can be as low as £3,000 - so that can give us a lot of flexibility. The British Business Bank currently offers the Recovery Loan Scheme which operates in a...
  15. PaulThompson

    Who here does funding of smaller M&A deals (in the UK)?

    Hi Clinton Quick overview for you, hope this is helpful. For M&A deals we use a combination of the following products, depending on the finance already in the business, the business sector and the amount of funding required for the purchase; Invoice finance can generate up to 90% of the debtor...
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