Declined. Appealed. £50,000 funded.

The requirement

An established solicitors’ practice came to us needing additional business funding.

The challenge

The application initially came back declined.

For many firms that is where the process ends. A decline feels final, and most applicants either accept it or start again somewhere else. We didn’t. We reviewed the case and challenged the lender’s decision.

The structure

The lender reconsidered the application and approved a £50,000 facility over 24 months.

The result

£50,000 was funded following a successful appeal.

A lender’s first answer is not always the right one. Knowing when a decision is worth challenging, and how to put the case again, is part of what a specialist broker brings.