Curtis Goring, managing director of The Aftersales Network, said his client was seeking funding for his business and although a loan had been agreed by his bank, the terms of the loan were not acceptable. He then introduced his client to V Loans, who recommended a Masthaven secured loan.
He said: “I was delighted by the service we received from V Loans and Masthaven. As commercial finance specialists, we see plenty of clients who are finding it difficult to raise money for business purposes, even from their own banks. Masthaven and V Loans are providing a facility which, I am sure, will provide clients with a greater range of funding options in the future.”
Dave Pinnington, business development director at V Loans, said: “Secured loans are finally being recognised for their enormous versatility and Masthaven is at the forefront of the movement to demonstrate the flexibility which secured loans now offer the intermediary. I am sure that Masthaven will show an increasing appetite for lending of this sort in the coming year.”
Stuart Aitken, COO at Masthaven Secured Loans, added: “I am delighted to post our first six figure loan before the end of 2012 and, with the quality of application that we are receiving from experienced packagers such as V Loans, there is no doubt that we will be doing many more in 2013.”