Pictured above: Roger Dewsbery, senior underwriter, Crystal
Mortgages
Birmingham-based family run business, Toor Wholesale has quickly
expanded into new premises after securing a commercial mortgage in
only 20 working days.
Working with Walsall-based leading independent commercial
finance specialist, Crystal Mortgages, the company purchased a
neighbouring property in Handsworth in a deal took only one month
from application to completion, against a current industry average
of 16 weeks.
Toor Wholesale is planning to open a larger retail outlet to
expand their range of products and services.
Harbans Toor, Director of Toors Wholesale Ltd, said: "The shop
next door became available and immediately attracted a lot of
interest, so I needed to move quickly and received no support from
several High Street banks who would not commit to a quick
completion.
"I contacted Crystal Mortgages who provided both the speed and
level of support that was required to secure this wonderful
opportunity, and I am now able to concentrate on extended the
business and increasing profits."
Roger Dewsbery, senior underwriter at Crystal Mortgages, added:
"We are delighted to have been able to support a thriving local
business in what is a difficult market. Ever increasing turnaround
times are leaving small businesses frustrated and struggling.
"Our strengths lie in putting the customer and business first,
recognising the best product for them and moving quickly to ensure
a positive conclusion."