VENDOR FINANCE AND PAYING OFF THE BANK BOTH AT THE SAME TIME?
Anyone (particularly in the UK) have any experience of having to pay vendor financing off during the life of the loan from the bank? I am currently looking at a deal where the bank insists that I have to pay off their debt before making any repayments to the vendor for his vendor financing. Yet the vendor is wanting to be paid off before the end of the term for the bank loan. Thoughts as to how to get around this?