You don’t expect the bank that have agreed a loan to move the goal posts at the eleventh hour. It was lucky that I knew that David had just started Exeter Finance with Peter. We met Peter on the Friday morning at Exeter Services after a telephone conversation and we drew the loan the following…
It was good to meet Peter and it was the first time in a long time I had talked to someone in lending who understood what I was trying to achieve. I liked the way the decision to lend was made locally after coming to see me and there was no delay. I have now…
Even though we have used high street banks previously for development loans, it has been the timescales of releasing funds which has caused cash flow problems in the past. With Exeter Finance being independent, they can achieve a much quicker capital flow. We will certainly be looking to use Exeter Finance again for future developments…