Beirne Business & Finance
Business consultants and brokers
Talk to us for business & funding solutions
We advise SME's and Business people on initiatives and funding
For more than 30 years, we have been working with varied clients on a range of projects, gathering experience in diverse areas. I look forward to hearing about your project and working out an optimum solution collectively.
At Beirne Business & Finance (BBF) we believe in straight talking. The business is owned/ran by SEAMUS BEIRNE who has been involved in banking and lending for 30 years plus. In addition, he is qualified on all aspects of financial planning, risk management and retirement planning. He has held senior management position with major Irish banks (CRE finance a specialty) before setting up his own consultancy business in 2009. International work assignment has also been a feature with an extended period spent in Canada (2014-2019. Seamus Beirne is a fellow of the Chartered Financial Analyst Institute (CFA) which is a prestigious accreditation reflecting deep knowledge of the financial system and workings. He also holds a master’s in financial services, a banking diploma, allied to qualifications in Insolvency and investment advice.
Projects and ventures are assessed following initial contact and opinion provided on innate feasibility. If it doesn’t stack up, then we tell you and outline what needs to happen for this to change. If it does present as sustainable, then a systematic and expeditious approach is taken to arrange finance through a wide universe of lenders with whom relationships have been nurtured.
We offer loan procurement services for all type of finance:
Property investment loans
Property development loans
Business loans
Growth finance
Equipment finance
Business acquisition loans
Trade finance
We prepare reports that are decision orientated and set out the information in a compelling and structured way. This methodology is based on 30 years plus experience in the finance world where the Beirne Business & Finance has learned what is needed to get things progressed through credit committees.
Information needed- Existing business:
1. Financial accounts since inception or the past 3 years
2. Promoters’ bio – what have you achieved and how has the business evolved. Tell us about previous projects undertaken and completed with financial metrics added if possible.
3. Entity ownership chart if there are multiple companies in the equation.
4. Copy bank statements – last 3 months.
5. Tax status confirmation.
6. Proposed investment and how it is to be financed.
7. Details on the venture/property/venture of a technical nature
8. Where is the equity coming from?
9. Statement of affairs setting out assets and liabilities – needed in some cases to provide backdrop information. Note: getting personal financial information is not to support personal guarantees which BBF does not encourage.
10. Trade and cash flow projection for the business/project with clearly articulated underlying assumptions.
Information needed- new business or project.
1. Business plan - business thesis and marketing plan specific attention areas.
2. Cashflow and trade projections setting out clearly what the underlying assumptions are.
3. Promoters Bio - who you are, how you have got there and our plans/ambitions for the future.
4. Ownership structure of business
5. Investment needed and prosed funding structure between debt and equity.
6. Source of equity
7. Statement of affairs for the promoters
w
Process
This is how we work.
Stage 1
Initial meeting with customer – verbal discussion to chat over the deal and determine the funding parameters being sought. Consultation letter sent out setting out views on viability or otherwise.
Stage 2
If deal is deemed viable, information is gathered, collated, synthesised, and structured for assessment. A BBF term sheet is sent our setting out what we think is obtainable.
Stage 3
Client pays commitment fee and report compiled and circulated amongst the lending universe for a decision.
Stage 4
Deal with the lenders to assist in getting final decision. The objective is to get a term sheet issued which then progresses to a formal offer letter. BBF steps out of the equation at this point and the interaction is between the lender and client from there on. Drawdown occurs when all due diligence is finished (Legal, Valuation, technical, commercial and fulfilment of conditionality)
New Title
Get in touch
Want to hear more about how we can help your project succeed. Send me an email or call me and let's talk about your needs.