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Boiler Installation under Government Scheme - Professional Introduction

Sector: Heating | Value: £262,000
Equipment type: Unsecured Loan | Term: 2 YEARS

An unsecured loan was arranged for this boiler installation company.

Problem:

Business turnover had increased significantly over the last few years. An invoice finance facility was in place, which provided funding against debtors, but increased work in progress was affecting cashflow.


Approach:

A cashflow loan would have provided the additional working capital and helped to finance continued business growth.


Solution:

Bathgate have an extensive list of funders who could offer such a facility and a 2 year loan was agreed.