October Deal of the Month
This month, NGI Franchise Funding is delighted to share how we supported an existing estate agent franchisee in purchasing an additional site. We worked closely with the client to complete a robust business plan and arrange a £98,000 loan, providing the finance needed to complete the purchase and continue with their ambitious growth plans.
The need: £98,000 to purchase an additional estate agency
Our client is an experienced estate agent who had already built a successful business and identified an opportunity to expand by acquiring another location. Purchasing an additional established site offered the chance to extend their reach, add to their existing customer base and build on the strong foundations already in place, but required £98,000 in funding to complete the acquisition and support a smooth transition.
As with many franchise expansions, having a clear, well-evidenced business plan and the right funding in place from the outset was essential, giving both the franchisee and the lender confidence in how the additional site would perform alongside the existing business.
How we helped
We worked closely with our client to complete a comprehensive business plan and financial projections that clearly set out the strength of their existing business, the track record of the site being acquired and the growth potential of operating both together. This allowed us to approach lenders with a strong, well-supported case and secure the £98,000 loan required for the purchase.
This tailored funding solution gave the franchisee the confidence and financial support needed to complete the purchase of the new location and continue building a successful, multi-site business.
Why NGI Franchise Funding?
At NGI Franchise Funding, we specialise in helping franchisees access the right funding to support every stage of their journey, whether launching, purchasing an existing territory, expanding or strengthening working capital. Our experience in franchise finance and strong lender relationships allow us to structure practical, tailored funding solutions that work around each business’s goals and requirements.
We are proud to have supported this franchisee in securing the finance needed to fulfil their growth plans and take the next step in their growth journey.
For more information or assistance, please call us on 01993 706403 or email hello@ngifranchisefunding.co.uk.