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Great Day For SME Alliance!! 

9/30/2015

5 Comments

 
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After several months we can finally say one of our members, Nigel Morgan and his family, have finally regained ownership of their farm from the administrators. The Morgans, who were first victims of HBOS Reading and, forced to re-bank because of this, jumped out of the frying pan into the fire that is now known as 'UK Acorn'. This caused them to lose millions of pounds worth of assets and, more importantly, it saw the needless destruction of their beautiful, 650 head of Charolais cows, in truly distressing circumstances.
Nigel Morgan working with Paul Turner (SME Alliance adviser), Nick Gould (SME Alliance Director) and Hannah Beko (Gunnercooke) have been negotiating for months to refinance the Morgan farm to return it to family ownership. It hasn't been an easy task and all parties (not least the Morgan family) have had a stressful time BUT yesterday…. the deal was finally done! Yeh!!!!

Hopefully we'll have more good news for more members in the near future – but we wanted to share this victory with all members and congratulate the Morgans and the team from SME Alliance on completing a refinancing deal for several million.
5 Comments
Clive May
9/30/2015 07:44:22 pm

Was the service of Messrs Turner, Gould and Beko provided for free - cannot tell from blog

Reply
Andy Keats link
9/30/2015 07:44:47 pm

Well done guys what a long and arduous piece of work but how with it in the end!

Reply
graham stewart
10/1/2015 11:14:33 am

Thats great news well done all

Reply
Nigel Henderson
10/1/2015 07:45:10 pm

Great result, well done all.

Reply
Miles Pengelly
10/18/2015 06:27:39 pm

Excellent work,not an easy task I'm sure.

Reply



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  • Home
  • About
  • Contact
  • Blog
  • Members Area
  • Join Us
  • APPG Banking
  • Virgin Money UK- NAB Remediation Support Group
  • Lloyds Remediation Group
  • Natwest-RBS Remediation Support Group
  • Dunbar/Zurich Remediation Support Group
  • NAB Customer Support Group