£593,000 Property Refinance Secured for Subway Franchisee

The team at Approved Finance Group recently completed a £593,000 property refinance facility for an established Subway franchisee, helping the client release valuable equity from their existing property portfolio.

When the Original Refinance Fell Short

The client had initially approached another lender to refinance their properties but was unable to secure the level of funding they required.

With significant equity held within the properties, the client wanted to explore alternative options that would allow them to unlock more of this value and provide additional capital for the business.

Having been unable to achieve the desired funding elsewhere, the client was introduced to Approved Finance Group to explore the wider lending market and identify a more suitable solution.

Securing the Full £593,000 Facility

Senior Property Finance Broker Kelly Moody assessed the client's circumstances and explored the options available across Approved Finance Group's extensive panel of more than 125 lenders.

By looking beyond the client's original lender, Kelly was able to identify a funding partner capable of providing the level of finance required.

Following discussions with the lender and the successful progression of the application, Approved Finance Group secured a £593,000 property refinance facility, allowing the client to release the equity they needed from their properties.

Collaboration Across Approved Finance Group

The transaction was also a great example of the expertise available across different areas of Approved Finance Group.

Executive Director George Dunn, who specialises in franchise finance, had an existing relationship with the Subway franchisee and identified an opportunity for the Group's specialist Property Finance team to assist with their refinancing requirements.

George introduced the client to Kelly, bringing together specialist franchise and property finance expertise to find a solution suited to both the client's property portfolio and wider business requirements.

This collaborative approach allowed the client to access the specialist support required while keeping their funding requirements within one finance group.

How Property Refinancing Can Unlock Capital

For businesses and investors with equity tied up in property, refinancing can provide an effective way of releasing capital without having to sell the underlying asset.

Depending on individual circumstances, funds released through a property refinance could be used to support cash flow, invest in business growth, fund property improvements or pursue new opportunities.

With access to more than 125 lenders, Approved Finance Group's specialist Property Finance team can explore options from across the market and structure funding around the individual requirements of the borrower and their property portfolio.

Explore Your Property Refinance Options

Whether an existing lender is unable to provide the funding required or you're simply looking to understand what options may be available elsewhere in the market, Approved Finance Group can help.

Speak with Kelly Moody and our specialist Property Finance team on 01908 429888 or email Kelly@approved-finance.co.uk to discuss your requirements.

For Subway franchisees looking to fund a new store, remodel an existing location or access capital to support future growth, Approved Finance Group also provides dedicated funding support through our specialist Subway franchise finance service.