Chester property trading company secures £2.2m in funding and cash injection to support growth.
Beer & Young secured the facility from private investors to ease working capital constraints.
A property trading business based near Chester that delivers a residential property part exchange service for homeowners and construction companies.
A property trading company based near Chester has secured a £2m funding facility alongside a £150k cash injection from private investors. The capital was arranged through Beer & Young after approaching ten key investors from their network.
The business offers a residential property part exchange model, enabling homeowners purchasing new development properties to sell their existing homes below market value. The fresh funding will resolve previous working capital constraints that traditional banks were unable to support.
Six investors initially engaged with the management team, leading to final agreements with two backers. The new capital places the company in a strong position to scale operations and meet rising market demand.
Categories
About the company
Property Trading Company
Residential property part exchange service helping homeowners secure new housing developments.