Business Acquisition Loan For Trampoline Park And Soft Play Business

“Asset Advantage really like expansions and business purchases where it makes sense. Asset Advantage have a low rate for soft assets and business acquisitions which was a big driver too."

Thank you to Sean Gardner from Astmoor Finance for working with us on this deal.

Sean’s client is a motivated brother and sister team who bought a Trampoline Park in 2020. Despite the interruptions of Covid, they managed to keep the business profitable, and evidenced growth over 4 years. They identified an opportunity to acquire a second site by taking over a competitor business, and came back to Sean to find funding for the deal.

£160,000 Business Acquisition Loan structured over a 5 year term for Trampoline Park and Soft Play Business.

Sean Gardner said: “Asset Advantage really like expansions and business purchases where it makes sense. I felt this was an Asset Advantage deal when it came in. Asset Advantage have a low rate for soft assets and business acquisitions which was a big driver too. Business purchases are difficult as very few funders do security over used assets. I also appreciated the fact that Asset Advantage have one consistent rate as it means I can confidently close the deal with the customer in advance. All this contributed to making the whole deal very straightforward, smooth and easy.”

Insight from Philip Knight why I approved this deal: "This can be a challenging business model to lend into, but we are always keen to support experienced operators in any business sector."