Our client’s request
In such a volatile economic climate, securing funding for new projects and businesses can prove very challenging, so when Aspire decided to start up a healthcare facility, they approached us for help with securing a commercial mortgage, as well as for advice and guidance regarding how to achieve their plans financially.
How we helped
As always, we took the time to understand the client’s aspirations, ensuring that all of the advice and guidance we provided them with was in line with their ambitions.
We supported Aspire at every stage of the start-up process. Using our knowledge and extensive experience, we devised financial forecasts, profit-and-loss balance sheets, and cash flow. Additionally, we wrote a realistic and intelligent business plan for the business.
Throughout the negotiations to obtain funding, we met with the lenders on the client’s behalf, and our professionalism and knowledge meant that we were able to secure a better rate for the business. Subsequent to the client successfully starting up the business, we supported them through a further phase of growth, assisting with securing finances for new properties to expand.
“I first met with Michelle just over four years ago, when I had difficulties obtaining a commercial mortgage to fund the acquisition of premises for the purpose of a start-up healthcare facility. Her intervention was fundamental in securing the funds that enabled me to start the venture, which is now a real success story. Michelle works with a team of professionals within Smith Cooper who between them have the knowledge, experience and contacts to make every step of a start-up venture as pain-free as possible.” Dr Ivan Bakaltchev, Aspire Mental Health Care
Through our help, Aspire were able to secure the funds necessary to enable the start-up to move forward. With our knowledge and guidance, Aspire now operate from two locations and have secured further funding to grow their business. Our accurate financial forecasting has enabled them to employ more members of staff as well as to increase their facilities.