Our approach is service not product driven which enables customers to benefit from a lender who seeks to tailor funding structures to individual needs and circumstances.
Seneca is a specialist secured lender with flexible funding solutions to suit a broad range of needs in small and medium sized corporates. Funding is used by management and advisors in areas such as working capital, acquisitions, buy outs, capital expenditure, growth and development capital. Our experience and expertise enable us to satisfy needs which are not typically available from the mainstream clearing banks or traditional channels.
Our approach enables us to consider a wide range of industry sectors and established companies that can provide appropriate security and satisfy debt service capabilities.
Our funding criteria is as follows:
- Lending ranges from £250k to £3,000,000
- UK headquartered businesses with turnover in excess of £3,000,000
- Established management teams with a strong track record
- We require satisfactory security to support all funding
- Cash flow to support debt service