Unsecured Loan for Two Practice Opticians

Read through to find out how we helped two practice opticians secure funding to fit out and refurbish their new premises and facilitate the business’s long-term success.

Situation 

Two practice opticians based in London approached the Newable Finance team to secure finance to relocate one of their practices. They provide a full range of eye testing and dispensing services. The practice has been in existence for over 50 years.

Challenge 

In order to relocate one of its practices, the business required funding to fit out and refurbish the new premises. The business has been known to us for more than five years.

How we helped

We assisted the business in securing funding of £330k to accommodate the clients’ project requirements.

Results 

The clients purchased their own practice premises rather than continuing to lease the existing ones. The obtained funding allowed the clients to fit out and refurbish their new premises and facilitate the long-term success of the business.