Maven backs brokerage firm with MEIF II debt funding

Sunset Commercial, a specialist commercial finance brokerage firm supporting SMEs with tailored funding solutions, has secured a six figure debt finance package from the Midlands Engine Investment Fund II via Fund Manager for East and South East Midlands, Maven.

Founded in 2016 by banking finance expert, Raj Chahal, Sunset Commercial is a niche commercial finance consultancy providing tailored commercial finance solutions to SMEs, property developers and entrepreneurs.

As an Appointed Representative of AFS Compliance Ltd and Franchisee of Synergy Commercial Finance Ltd, Sunset Commercial has access to over 150 lenders and specialist finance providers, offering clients a comprehensive range of commercial funding options, including solutions for property development, bridging loans, asset finance and working capital needs.

The funding will enable the business to embark on ambitious plans to grow its team and expand in the region. Funding from the Midlands Engine Investment Fund II will also support investment into sales and marketing activities to increase visibility and attract new customers.

“After more than 20 years in banking and finance, I’m excited to build on that experience to drive the next phase of growth for Sunset Commercial. The funding from the Midlands Engine Investment Fund II will enable us to expand our reach and enhance the support we offer to businesses during these challenging times, focusing on providing tailored financial solutions that help businesses manage cash flow, restructure, and achieve their growth ambitions."

Raj Chahal, Managing Director at Sunset Commercial

"Raj’s extensive experience, combined with a clear vision for growth, aligns with our goal of backing ambitious SMEs that play a vital role in their local economies. This funding will allow Sunset Commercial to capitalise on its market potential, providing much needed financial solutions to a growing client base. The planned investment in resources, marketing and infrastructure demonstrates the business’s readiness to scale and thrive in a competitive sector.”

Paul Davis, Investment Manager at Maven

"The Midlands Engine Investment Fund II supports businesses with high growth potential. Its primary aim is to provide small businesses seeking to scale with easier access to finance. This investment in Sunset Commercial will enable the company to expand, create new jobs, and make a positive contribution to the local economy.”

David Tindall, Senior Investment Manager at British Business Bank

Home to over 77,000 businesses, the South East Midlands is considered as a national leader in driving business growth and delivering job opportunities. Last year Paul Davis joined the Maven team as Investment Manager to lead on deal origination and execution, with a focus on deals and opportunities for the Midlands Engine Investment Fund II in the East and South East Midlands. A local to the area, he works with businesses across Northampton, Milton Keynes, Bedford and Luton, supporting SME’s with their growth plans.

To date, the Fund has backed a diverse range of businesses, including, including, Digital Urban, an immersive technology company, Panoramix, an IP law firm, Advance Tapes, an independent adhesive tapes manufacturer, DUKE Distribution, a logistics and trackway installation provider and Vision4Sport, a sports hospitality specialist.

As Fund Manager of MEIF II - Debt Finance East and South East Midlands, Maven can provide business loans from £100,000 to £2 million to support both earlier and later stage businesses with real growth potential across a range of sectors. If your business, or the business you advise, is considering debt finance to support future growth please, click here.