Thank you for your interest in our acquisition finance solutions. We have reviewed your application in detail and regret to inform you that, based on the information provided, we are unable to proceed with your financing request at this time.
Here are the key points from your application that were considered:
- Purchase Price of the Business
- Amount to Raise
- Your Contribution
- Formal Valuation
- Profitability of the Business
Unfortunately, we were unable to approve your application due to the following reason(s):
- The amount you need to raise is below our threshold of R10 million.
- The amount of unencumbered cash you have to contribute does not meet our requirements.
- Other reasons related to the specifics of your application.
We understand that this news may be disappointing, but we encourage you to consider alternative financing options or adjust your financing needs to better align with our criteria. If you have any changes in your financial situation or wish to discuss your application in more detail, please do not hesitate to contact us.
We appreciate your understanding and hope to have the opportunity to work with you in the future.
Best regards,