Some of our completed deals

We have helped many people and businesses achieve their dreams and secured millions in commercial business loans over the years for our clients. Below is just a selection of some of our completed deals.

British businesses have borrowed almost £35bn 

Under the government’s three emergency coronavirus credit programmes, but the approval rate for coronavirus business interruption loans (CBILS) remains just over 50%. Of the 93,305 businesses that applied for a loan under the scheme, just 47,650 were approved.

Here at Hilton Smythe we have assisted our customers in safeguarding their businesses by obtaining £4.4m so far, with 100% of our applications being approved. If you need any assistance with this process, please don't hesitate to get in touch.

We are not just doing CBILS, I am delighted to have just completed on 2 SIPP investment loans for a property purchase, thanks to Sharon Harrison and a commercial mortgage for a Clothing Manufacturer, thanks to Janet Watson even in this difficult time for lenders.

Financing a bakery

Commercial Mortgage

BUSINESS PURCHASED: Bakery
PURCHASE PRICE: £450,000
CLIENT CASH AVAILABLE: £60,000
BORROWING: £390,000
TERM: 25 years

One client of ours has taken an opportunity, rolling into the baking industry by purchasing a bakery for themselves. They completed the purchase of their dream bakery with the help of Hilton Smythe Finance after having worked in the food industry for the last 9 years and having a real passion for food and bakery.

Short Term Finance

Bridging Loan

Date completed: 31/01/2020
Loan amount: £260,000
Location: Bolton


Description:
Our client who has lots of experience in property investment and renovating properties required a quick purchase of a residential property as the vendor was demanding a speedy completion.

Working closely with the lender, I managed to obtain a bridging loan approval, fully underwritten within days, and then liaised closely with solicitors who worked tirelessly to complete the deal within the target date.  In the meantime, full credit approval has been obtained to move the bridging loan onto a property investment loan.

Commercial Mortgage

Commercial Mortgage & unsecured loan

Date completed: 27/01/2020
Loan amount: £120,000
Location: Stafford


Description:
Funding was arranged to assist our client purchase the freehold property and goodwill of a long-established sandwich shop/ grocers.

Despite the client having limited experience and no assets to secure the goodwill element of the loan, we were able to fully explain the strengths of the client and the business to the lender and managed to secure excellent loan terms on both the commercial mortgage and unsecured loan with a high street bank.

Enterprise Finance Guarantee Loan

Enterprise Finance Guarantee Loan

Date completed: 20/01/2020
Loan amount: £85,000
Location: Edinburgh


Description:
Another very happy client, with finance arranged to enable them to purchase an existing leasehold convenience store to add to his existing 2 other shops.

After being advised by their own bank that due to the element of goodwill involved, they could not assist, the client contacted me after a recommendation from his friend, whom I had assisted last year.

The client was concerned he would miss out on this opportunity as he had no tangible security available to offer however I managed to obtain sanction of 70% of the purchase price, using the Government’s Enterprise Finance Guarantee scheme on an excellent fixed rate of 4.65%, with a term of 10 years.

Business Loan

Unsecured Loan

Date completed: 15/01/2020
Loan amount: £50,000
Location: Manchester


Description:
Our client, a local construction business required a quick injection of cash to cover cashflow for a new contract / project he was undertaking.

We obtained a quick approval and then within a week, the funds were in their account.

It wasn’t just the speed that the client was happy about , they were delighted with the rate of 5.76% p.a which we obtained, even more so as they themselves had been quoted 11.9% from another well-known funder.

Business Loan

SIPP Business Loan

Date completed: 15/11/2019
Loan amount: £60,000
Location: Manchester


Description:
A local transport consultancy business who had outgrown their premises and has now completed on the purchase of new premises with our assistance. We managed to arrange the finance for their SIPP to borrow the money, with the property being rented by their own business, thus being very tax efficient. The client intends taking full advantage of having no early repayment penalties so they can repay the loan as quick as possible and then build up the funds within the SIPP.

They were delighted with the swift outcome and excellent terms of a 75% loan, and a 20 year term, on sub 4% rate.

Enterprise Finance Guarantee Loan

Enterprise Finance Guarantee Loan

Date completed: 15/11/2019
Loan amount: £85,000
Location: Northumberland


Description:
The client approached us after being 'knocked back' by another broker, and very hesitant that he would succeed with his application as he had no security to offer. He wanted to purchase of an established leasehold convenience store business in Northumberland.

We structured a deal making full use of the Enterprise Finance Guarantee Scheme and obtained a clean approval with a high Street bank on a good rate of sub 4.5%.

Commercial Mortgage
Enterprise Finance Guarantee Loan

Commercial Mortgage/Enterprise Finance Guarantee Loan

Date completed: 08/11/2019
Loan amount: £90,000 & £30,000
Location: Staffordshire


Description:
Another very happy client, with finance arranged to enable them to purchase an existing sandwich shop/café and the trading premises.

After being advised by their own bank that due to the element of goodwill involved, they could not assist, I became involved and obtained approval for 75% LTV £90,000 commercial mortgage and a £30,000 EFG loan for the good will purchase.  

Commercial Mortgage

Commercial Mortgage

Date completed: 02/11/2019
Loan amount: £300,000
Location: Manchester


Description:
Our client, a civil engineering business, who was tired of paying out money to rent land and a unit to store his machinery and vehicles approached us as they wanted to purchase some undeveloped land that had come up for sale.

Within a week, we managed to obtain fully credit underwritten approval for the loan, secured on the land itself.

Bridging Loan

Bridging Loan

Date completed: 04/10/2019
Loan amount: £102,000
Location: Bolton


Description:
Our client who has lots of experience in renovating properties and wanted to purchase an extremely run-down house for a knock down price, and needed to act quickly.  I managed to obtain a bridging loan approval, secured on another quirky property within a day enabling the client to submit his offer in and have it accepted.

Commercial Mortgage

Commercial Mortgage

Date completed: 25/08/2019
Loan amount: £120,000
Location: Liverpool


Description:
An expanding Wheel repair business has been able to secure much needed new trading premises thanks to Hilton Smythe Finance.

Despite having some excesses on the bank account, we were able to fully explain the reasons for these and put the bank at ease, resulting in excellent loan terms and a rate sub 3.5%

Commercial Mortgage

Commercial Mortgage

Date completed: 25/08/2019
Loan amount: £1.2m
Location: Liverpool


Description:
Our client, a large manufacturing company in Liverpool was growing year on year, and needed larger premises to meet their expansion plans.

We managed to obtain excellent terms from a high street bank, at rates of 2.1%, and 75% LTV, saving over £100k in comparison to the offer from their own bank.

In addition to the finance request, by understanding their company and operating requirements, we also instigated a foreign exchange solution with the new bank, which will also save them money.

Start up loan

Start Up Loan

Date completed: 24/07/2019
Loan amount: £65,000
Location: Chesterfield


Description:
Our client opened a Business Doctors franchise in the Chesterfield area to help coach other businesses with strategies on finance, marketing and business support.

With 15 years of skills and knowledge as an accountant, working most recently at Mitchells Chartered Accountants in Chesterfield, with her own portfolio of SME clients she will be applying this experience to the franchise and the Chesterfield Business Doctors territory but also having access to the nationwide Business Doctors’ network.

Development Loan

Development Loan

Date completed: 27/06/2019
Loan amount: £160,000
Location: Manchester


Description:
Our client, an experienced property developer was looking to build two semi-detached houses in Manchester. Having previously sourced the funding himself at rates around 1% per month, he was introduced to us by a friend of his, who we have assisted previously. We managed to place this with a high street lender and obtained a rate of 4.75% per annum which the client is delighted with.

Development Loan

Development Loan

Date completed: 31/05/2019
Loan amount: £250,000
Location: Reading


Description:
Another very happy client, completing on their purchase of a motor repair and servicing business together with the freehold premises. After being refused the finance by their own bank due to the element of goodwill involved, we became involved and obtained approval for £250, 000 which was split between a commercial mortgage for the building purchase and an Enterprise Finance Guarantee loan for the purchase of the goodwill, at sub 3% margin.

Property Investment Loan

Property Investment Loan

Date completed: 28/05/2019
Loan amount: £399,350
Location: Bolton


Description:
Our client, a local commercial property landlord wanted to remortgage the portfolio onto better rates whilst releasing equity to assist with the purchase of the semi commercial property. Declined by his own bank, he approached us for help. We achieved a deal at Sub 4%, 70% LTV with a 25-year repayment term.

Commercial Mortgage

Commercial Mortgage

Date completed: 28/05/2019
Loan amount: £1,000,000
Location:


Description:
Another very happy client today, completing on their dream purchase of a long established, large cattery. We obtained a great deal for them, securing a £1m loan (80% loan to value) on a 20 year commitment and repayment term, on a rate of sub 4%.

The Cattery was established in the early 1990s and has been owned by the existing owners since 2004. It has 84 houses and is licensed to take 100 cats plus 7 for cats protection and is situated in a very peaceful rural environment, set in over 5 acres of land.

Business Loan

Business Loan

Date completed: 24/05/2019
Loan amount: £173,150
Location: Manchester


Description:
Our client, a large Manchester based manufacturing company who had outgrown their premises has now completed on the purchase of a new unit. This was a complicated deal and has involved lending to 2 SIPPs to purchase the premises and another loan to the trading company to cover the refurbishment costs.

Commercial Mortgage

Commercial Mortgage

Date completed: 12/04/2019
Loan amount: £176,250
Location: Bolton


Description:
Our client, a local hairdresser, who was tired of renting a chair and wanted to purchase her own premises approached us for assistance. She was delighted with the swift outcome of a 75% loan, and a 20 year term, on sub 4% rate.

The property is comprised of a salon on the ground floor, 3 rooms for renting to beauticians etc. upstairs and living accommodation for the owners.

The client has over 20 years’ experience of hairdressing, working in various salons in the local area and now with her own premises, has plans to set up a training school which she is fully qualified for.

Unsecured Business Loan

Unsecured Business Loan

Date completed: 04/04/2019
Loan amount: £40,000
Location: London


Description:
Our client, a London based health and fitness specialist looking to exit the corporate world and purchase a leasehold gym business. With no previous experience of running his own business and being a difficult sector for a lot of lenders, we still obtained £40,000 unsecured at sub 7%.

Property Investment Loan

Property Investment Loan

Date completed: 22/02/2019
Loan amount: £56,000
Location: Bolton


Description:
Our happy client has finally completed on a quirky buy to let property, sandwiched between licensed properties. The client was referred to us by another broker who had been unsuccessful placing the deal with any of their lenders. We managed to obtain an approval at high Street rates at 70% LTV.

Property Investment Loan

Property Investment Loan

Date completed: 08/02/2019
Loan amount: £213,000
Location: Bolton


Description:
A remortgage of 2 large HMOs on to lower rates, with some equity released to assist with further property purchases.

Commercial Mortgage

Commercial Mortgage

Date completed: 31/01/2019
Loan amount: £120,000
Location: Wales


Description:
We assisted a client with a loan drawn, to purchase an existing dry-cleaning business along with the property.

Commercial Mortgage

Commercial Mortgage

Date completed: 01/12/2018
Loan amount: £450,000
Location: Bury


Description:
A guest house and restaurant business client wanting to remortgage to release equity to enable the purchase of another property.

Even with some excesses and a few unpaids on the existing bank account, we were able to secure a much-improved rate with a new lender at sub 3% and release over £350,000 in the process.

The Lake Lounge is situated directly across from the iconic Hollingworth Lake.

Business Loan

Date completed: 07/11/2018
Loan amount: £125,000
Location: London


Description:
6 figure loan drawn, and deal completed assisting a client with the purchase of a leasehold gift shop for sale with Hilton Smythe Business Sales. A few problems with the lease and the landlord along the way but still achieved a good deal with an interest margin of 3%. Nice comments from our client as well which is always fantastic to hear.

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