This is just a selection of the comments that we have received from some of our clients and investment partners: 'In recent months, I have had the opportunity to take an equity stake and CEO position via the acquisition of a client. I acted as the lead-in investor and required additional funding to complete the acquisition. Some of this additional funding was found from within the client’s existing senior management team, and Pegasus obtained the additional £100,000 required via two investors from its Business Angel network. I recommend Pegasus.' Bill Daubly, CEO, Prestige Car Servicing Ltd. 'Our own Bank had turned us down for a loan of £360,000, as had other sources of funding. We were recommended to contact Pegasus Funding Resources. Having been turned down by others, this was now an urgent requirement, so Pegasus used their extensive network of banking contacts to find a source of funds that were willing to discuss our needs over the phone and by email. The loan was agreed in principle in this manner and we only met the Bank to sign all the documents and to comply with the money laundering requirements. In the present market conditions getting a loan so quickly and in this manner proves the strength and professionalism of Pegasus’s network of contacts' Nick Clements, Director, Millstream Penthouse Systems Ltd. 'I was introduced to Pegasus Funding Resources by a Private Equity House in London. I had submitted my business plan to them but they needed it to be re-worked to give me a better chance of getting the investment that I sought. Pegasus offer an inexpensive and quick Business Plan Telephone Coaching Service that you pay for by the hour. I only needed 3.5 hours to get my plan up to scratch. The Pegasus methodology is easy to understand and their knowledge of what investors are looking for is second to none. If you need help with business plan writing then I can recommend using Pegasus Funding Resources from personal experience.' Adam Holmes, MD, Structural Elements Ltd. 'My client was in urgent need of $500,000 of trade finance to import stock from China. Their own bank had turned them down, as had other providers of this type of funding. I approached Pegasus Funding Resources and explained that my client was in danger of losing the contract. Pegasus reacted at once. They had verbal agreement in principle for the loan within days and my client had the funds in their account within 3 weeks. The speed at which this critical bank loan was arranged was amazing. I will certainly be using Pegasus again.' Ian McCalla, IIB Associate 'As one of the leading organisers of equity funding for SMEs in the UK we have been using Pegasus Funding Resources to help our clients to write and rework 'funding business plans' for some time now. Their knowledge in this specialism is outstanding and the help and advice that they provide our clients has been very useful, not only to the clients but by extension to ourselves. I am happy to recommend Pegasus Funding Resources to anyone looking for advice on how to write a funding Business Plan.' Peter Bird, Chief Investment Officer, Pi Global Partners 'Pegasus Funding Resources was recommended to us by a consultant who has been working with us. We needed to arrange Bank facilities amounting to £600,000, made up of an overdraft of £500,000 and a Bond facility of £100,000. Our own Bank had already turned us down. We had also been turned down for Invoice Discounting as our debt was contractual and involved pre-payments as well as stage payments. We like the way that Pegasus works as they do things in parallel and their contact base within the Banking world is exceptional. Even in this credit crisis they were able to arrange meetings quickly and in a very short time all the facilities we required were arranged with a New Bank. We will certainly be using Pegasus again and are happy to recommend their professional approach to anyone.' Christopher Russell, MD, Watercare International Ltd. 'My client, a company that expects to increase turnover from £2m to £6m this year, was not being given the support that it needs from their bank and had been turned down for an EFG loan and for invoice discounting. I had been aware of Pegasus Funding Resources for some time but had never needed their services before. I approached them and in a very short time a meeting was arranged, the challenge was outlined and understood and a plan of action agreed. Pegasus's knowledge of the financial market place is extensive and even in this difficult time when Banks are very reluctant to lend, a meeting with a new Bank was arranged and a loan of £500,000 was agreed. The whole process with Christmas and the New Year in between only took 8 weeks from the first meeting with the Bank. Pegasus kept me informed at every stage. My client is very pleased with how professionally Pegasus handled the complete process' Paul Bennett, MD, PQ Insight. 'Even in these difficult times our business was growing and our order book was increasing. New opportunities were presenting themselves that we wanted to take advantage of, but to accomplish all our plans additional funding was required. We were recommended to approach Pegasus Funding Resources and engaged them to raise the required £250,000 of equity funding. One of their investors from their own Angel Network became quickly involved and not only were the funds raised but additional synergies became apparent with the contacts that came along with the investment' David Williams, MD, Specialised Technology Group Ltd. 'My client gave you and Pegasus a very high rating and he loved the way you questioned the funding provider at the meeting making certain you got the best deal for him. As a result it helped me to sign the client up for a consultancy assignment of my own.' Alex Warren, MD, Yellow Brick Road Consulting 'Amazing - I wrote the business plan again as you suggested. I used the colours and graphics, took out all the techie stuff, concentrated on the figures and sales and marketing and the exit plan. I took it to 4 meeting where people had expressed an interest, and now all 4 of them have agreed to invest pending the business checks they need to do. I am only looking for one investor, but did not want to rule anybody out at this stage. I have gone from no investors to 4 investors in two days. Thank you, Pegasus.' Graham Mattingley, MD, Greece Monkey 'I wanted to write my own business plan; I thought I knew how to write one and even purchased software and a book for this purpose. I just gave it to Pegasus for a quick QA or so I thought. I soon realised that there were many areas of writing a plan that I needed help with. I was not certain how a business plan was in fact read, or what should be in the executive summary or even how do I get across my sales and marketing assumptions. I also needed help in creating a flexible driven financial model. Pegasus Funding Resources have a Business Plan telephone coaching service that is paid for on a per hour basis. This service is staffed by experienced business people and accountants. They went out of their way to help me, even holding coaching sessions on a Saturday and Sunday. I found this service very useful and it certainly answered all my questions and gave me a great deal of sensible, experienced advice. I would recommend this service to anyone. Thank you Pegasus.' MA St Albans. 'Our expansion plans were being hampered by the contractual nature of our business and the payment terms of our large, often government related and European based clients. We wanted to be able to Invoice Discount our debtor ledger to improve our cash flow, but because of the contractual nature of our business, the fact that we had stage payments and we are selling consultancy rather than a product, finding an Invoice Discounter to help us was proving impossible. We were then introduced to Pegasus Funding Resources and with their extensive knowledge of the funding market place and their high level contacts a suitable funder was found and a £300,000 facility was quickly put in place. For this type of funding Pegasus's services are free of charge and they provide excellent advice. I am very happy to recommend them' Mike Shorthose, MD, Helios Technology Ltd. 'I had already had an application for a loan turned down by NatWest before I engaged Mike Kilroy from Pegasus Funding Resources to write a professional business plan. We met on a Sunday morning in Mike's study to discuss the project and the funding required. The result was a first class plan that lead to an offer of £90,000 from UK Steel Enterprises and a further sum from Barclay's Bank. UK Steel Enterprises commented that they were very impressed with the comprehensive nature of the plan, leaving them requiring very little further information' William Kidd, MD, Algroup Ltd. ''Pegasus Funding Resources have been working with me for the last 5 months. We were looking for Invoice Discounting, Payroll Funding, Trade Finance and Leasing. So far Pegasus has raised us a £2,000,000 facility and more is still expected to be raised. Pegasus has always acted in a very professional manner, they are very tenacious and do not give up. Their database of financial contacts is second to none. I would happily recommend Pegasus to anyone and have already done so.' Roger Piepenstock, MD, Contactum Ltd. 'I needed £125,000 to finish off a fundraising project for a client of mine. The final piece of the jigsaw is sometimes elusive. I contacted Pegasus Funding Resources who quickly approached their own international angel network. An investor was found in Portugal, terms were agreed and the investment was secured in a very timely manner.' Jason Ballinger, MD, Jade Advisory Ltd. 'I have a longstanding client in the Air Traffic Control consulting market, who were in need of between £300,000 and £400,000 of funding. As an associate of the Institute for Independent Business I approached Pegasus Funding Resources, who were well known to me as fellow IIB associates. Not only did they quickly find the required funds for my client, but they also did it in a fast, efficient and professional manner and kept me informed at every stage. My client was delighted with their service and the fact that Pegasus arranged this funding during an unprecedented period within the financial markets. I would highly recommend Pegasus to any IIB associate or external company, they do what they say they are going to do' Steve Brighty, Steve Brighty Associates. 'A member of the IIB recommended Pegasus Funding Resources to me to help me raise equity funding for my start up business. I had already raised 15% of what I needed and Pegasus using their own Angel Network raised the remaining 85% in a very short period of time. I would recommend Pegasus Funding Resources to anyone wanting funding' Paul Vines, MD, SwingZone Ltd. '' I had a client that needed to replace their existing factoring provider with one that was more suitable for their needs. I introduced them to Pegasus Funding Resources who have 34 providers on their panel. They surveyed the market place, obtained indicative terms from the most competitive 5 providers and even found one that was located in the same town as my client. Pegasus has this process that creates competition between providers so that my client received the best possible terms available. A funding facility of £850,000 was established and my client is making full use of it. Well done Pegasus' David Barkel, MD, Deaton Consultants Ltd 'Following an urgent requirement for substantial new and additional funding, we were introduced to Pegasus Funding with a view to arranging an urgent long term funding line of some magnitude. Pegasus very quickly established an understanding of our needs short, medium and long term. A new business plan was written without delay and they progressed matters with haste and Pegasus understood what was required, how to present it and who to take it to. A comprehensive plan was completed within a few days and an introduction provided. We would certainly use them again and recommend them to anyone without reservation. Excellent people.' Lawrence Freeman, MD, Chemlex Europe Ltd. 'I had spent quite sometime in trying to write my business plan and had conflicting advice from many different sources which made the task more difficult. Angelsden then introduced me to Pegasus Funding Resources. They quickly understood my business and their process was professional and thorough. I now have a plan that accurately reflects my business and I am certain it will considerably increase my chances of raising the funds that I need.' Amanda Raygen, MD, Boutique Boutique Ltd. 'I was the first franchisee from an award winning hair dressing business. I needed to raise the money to buy the franchise and alter and fit out the premises to the standard and facilities required in a high quality salon. I was introduced to Alan Cottle of Pegasus Funding Resources and he guided me through the whole process. He created the business plan, contacted the banks, managed the negotiations and ensured that we got the best possible deal. The new Salon opened in time for the pre-Christmas rush!' VT Cirencester 'Advanced Furniture Solutions Ltd is a fast growing company based in Cambridgeshire. We needed to raise funds for our rapid expansion. Pegasus Funding Resources gave us expert advice on improving our business plan and financial model. They then introduced us to the right people within a number of the major high street banks. A commercial loan of £179,000 was quickly organised. This was on top of the £350,000 invoice discounting facility that they arranged with a separate provider. They are now helping us source suitable leasing facilities for our fleet of commercial vehicles. We would be very pleased to use their services again in the future and to recommend then highly to anyone.' Ged Dempsey, MD, AFS Ltd. 'We are a start-up printing company based in Liverpool and urgently needed £40,000 worth of additional printing equipment. We approached Pegasus Funding Resources just before the Christmas break. Pegasus worked tirelessly throughout the difficult holiday period and secured a very competitive leasing deal for us' Claire Lewins, Director, Redwood Press Ltd. 'We engaged Alan Cottle of Pegasus Funding Resources to help us create a winning funding business plan and to help us raise the required funding. To date Pegasus has been instrumental in raising £300,000 of funding for us, not only from private investors but also from an early growth fund as well as organising a SFLGS and a bank overdraft. £1.6m of leasing is now also being organised. Pegasus has successfully completed every task we set them'. Hanna Sebright, MD, Electronic Health Media Limited '....the application has been through my credit function who spoke highly of the level of research and presentation of the business plan. The Small Firms Loan of £130,000 has been sanctioned....' Manager, Commercial Banking, National Westminster Bank, East Sussex. 'We were not happy with the international factoring facilities that we were currently using and not only wanted to change provider but also to move away from factoring towards an invoice discounting facility. We were recommended to talk to Pegasus Funding Resources. We were not disappointed. They have over 21 facility providers on their panel, 5 of which offered the complex international facilities that we required. Pegasus arranged for proposals from all 5, compared each of them and then arranged meetings with the 3 most suitable and competitive. A new provider has now been chosen. The complete Pegasus process was well managed and professional. Pegasus saved the management team a considerable amount of time and effort and found us the best possible solution. They provided this excellent service to us free of charge.' Jerrard Winter, Director, Haztek International 'I have used Pegasus Funding Resources to assist a number of my clients and with very good feedback from those clients, so I cannot recommend them highly enough'. Jody Atkins, MD, Ivory Tree 'As a brand new business we required a funding Business Plan to help us secure a Small Firms Loan Guarantee of £130,000. We approached Pegasus Funding Resources who not only delivered a first class plan but also introduced us, at regional director level, to a total of 6 major Banks. One of the Banks commented that the plan was so comprehensive that they had no need to ask any business questions. The funds were offered in less than 10 days. Pegasus has also helped us with some difficult leasing facilities and has now introduced us to a leasing company that will not only deal with a start-up company but will also lease us our air-conditioning systems.' Adam Knight, MD, Golf Addiction Ltd 'I engaged Pegasus Funding Resources to undertake a private 'Business Plan Rectification' Workshop to help me produce the best Business Plan that I could. I was impressed with how quickly they understood my business and with their great experience. Their advice on how to improve my Business Plan was first class, especially the help that they gave me on refining my financial model. The final 'Pegasus Approved' plan was instrumental in achieving full funding for me.' Paul Frobisher, MD, Futuros Ltd 'Pegasus Funding Resources were given the difficult task of understanding our very complex business in a very short time. The business plan they produced and the advice that they have given was exactly what we needed and has helped us understand the complex issues that we face over the next 18 months. We have now engaged them to apply for a development grant for us.' Mike Furness, MD, Systems Interface Ltd ' With whatever I have asked them to do, help with writing a business plan or funding work, Pegasus have always gone that extra mile for me.' Matthew Kirby, MD, Chozen Noodle Ltd 'Pegasus has been providing me with strategic and financial coaching and mentoring for the last year. Their expertise and experience has helped me to fully understand my business needs and challenges. They have been pivotal in securing my business's future.' Simon Tack, MD, OHMtech Ltd 'I love it when I'm dealing with people who know what they are doing' Eddie Yongo, Investment Manager, Go East Ventures 'I just wanted to thank you both for your tremendous hard work in helping me put this all together………………….. I have really appreciated your dedication.' Elizabeth Hackford, Founder and Publisher, Take 1 Publications Ltd. 'We were in start up phase and needed a feasibility study and business plan to be written. We approached Pegasus and in a very short time they captured the essence of our concept and our vision. They created a very professional business plan and financial model that gives us confidence to approach, with their help, investors and lenders to finance the future development of the business' Matt Wilkinson, MD, Justmove.com 'I would like to thank both you and Paula for the professional manner in which you delivered the two day 'Business Plan Rectification' Workshop. It was exactly what we needed and was of great value. As you are aware I have spent a long period of time researching and writing the Lifestyle Vouchers International Business Plan and had been assisted by a number of other Business Advisors along the way. You and Paula, however, brought with you considerable business experience and have developed the plan into a document that can be implemented in the real world and one that gives us confidence for the future' Neil Rinaldi, MD, Lifestyle Vouchers International Ltd 'Café Connections was experiencing a period of fantastic growth and we found our expansion restricted by a lack of capital. Pegasus worked with us to develop a Business Plan which crystallized our vision and our expectations for the future and identified the finances needed to support the forecasts. They then explained the range of funding options available and we were able to choose the solution which seemed most appropriate to meet our needs. Invoice Discounting has made a massive difference to our day to day business and relieved a lot of the pressures we were facing.' Wendy Ball, Director, Café Connections Ltd 'I was very impressed with the way Pegasus Funding Resources helped us through the VC process which resulted in a successful offer of funding’ Kate Scarborough, MD, IS Publishing Ltd.
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