New business finance
New business finance
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colinrob

Original Poster:

1,199 posts

281 months

Friday 25th November 2016
quotequote all
Hi after some advice please, we are thinking of starting a new business bed and breakfast on a boat, the morning is on a 99 year lease and these on their own sell for around £140,000 the total purchase price for the boat and lease is £350,000, I would need to sell my house to make this work but only have £175,000 equity, l also have pension pots worth about £100,000, would it be possible to get a business loan for this type of business
Thanks in advance Colin