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Fire & Secuirty Installation Company - Existing Customer

Sector: Fire & Security | Value: £107,000
Equipment type: Unsecured Loan | Term: 5 YEARS

An existing customer came to us for help arranging an unsecured loan.

Problem:

This business required finance to assist with a growth strategy and their plans included an increase in the sales team. Building market share will take time and the additional funding needed was to cover increased staff costs and cover additional cashflow pressures that growth brings.


Approach:

Asset based lend was not an option and therefore Bathgate focussed on sourcing an unsecured cashflow loan.


Solution:

Bathgate have an extensive list of funders who could offer such a facility and a 5 year loan was agreed.