Divorced Electrician is Ordered by Courts to Purchase Back His Business Premises

John, an electrician, was referred to One Stop Loans with a difficult situation. He had been ordered by the courts as part of his divorce settlement to either buy back his business premises from his ex-wifes trust fund or sell it. To make it more difficult he also needed to clear the overdraft that was currently against the property.

Unfortunately John had a number of unpaid defaults on his credit file and he had no other assets. The bank had made it clear they were not going to help him and he was incredibly stressed.

One Stop Loans were able to guide John and with liaising with Johns accountant and lawyer found a lender that would assist him to purchase his commercial premises. A short term lender was able to assist with the clearing of the overdraft.