Funding for professional firms

Challenge

Many professional firms find lease finance attractive as it allows them to return profits to the partners rather than retain them in the business to fund investment. This can be of particular relevance where the firm is also growing by way of acquisition and therefore wishes to retain profits to fund expansion.

Case Study

Bluestone recently acted for a rapidly growing medium sized firm of accountants and financial advisers who wanted to take advantage of our total "Turn Key" solution for the refit and refurnishing of their Leeds office. The client wanted a certain quality to the feel and atmosphere of their office and after a long tendering process selected suppliers for a £500,000 project.

Given the business' growth, raising the finance for a project of this size required the services of a specialist interiors finance company such as Bluestone.

Our Solution

We advised the client on the information required to secure the funding and presented the client's case for funding to financial institutions that would have an appetite for funding in these circumstances.

Funding was raised successfully, allowing the client to continue to use profits for expansion while maintaining partners drawings.