Case Study

Fatima

Consolidation loan

Summary

The Challenge

Fatima needs an additional loan to grow her business.

The Solution

Take out a consolidation loan.

The Challenge

Fatima needs a cash injection to grow her enterprise, but she already has a loan. She doesn't think she'll be able to afford to take out another one.

The Solution

Take out another loan and then consolidate the two loans into one loan with Future Finance enabling her to settle her outstanding start up loan and even reduce her payments!

The full story

Fatima set up a business last year selling baby clothes and accessories. It’s going well but she requires an additional £25k to grow her enterprise.

When she started the company she took out a large start up loan: £50k. As a result, she has to make payments of £1,722.22 a month, over three years.

If she takes out another loan of £25k her monthly payments will go up and she won’t be able to afford to pay them.
Not true! If she consolidates the two loans into one loan with Future Finance, she can still borrow an additional £25,000, settle her outstanding start up loan and even reduce her payments by more than £300 per month!

Fatima can stop worrying about whether she is able to get the investment needed to take the next step. She can focus on business growth and still have extra to explore other products for her shop!

Get approval now with our simple online application form.

Once confirmed, you could have access to funds within days.

Apply Now

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