Traditional values : Modern solutions

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Health & Safety Designers to the Construction Industry - Professional Introduction

Sector: Health & Safety | Value: £50,000
Equipment type: Unsecured Loan | Term: 12 Months

Bathgate helped a health & safety company who was experiencing strains on their cash flow.

Problem:

The business turnover had increased significantly over the last few years. This had placed some strain on cash flow, due to the value of sales invoices outstanding.


Approach:

Whilst invoice finance could have been a solution, due to the type of business and payment terms this was not considered the best option. Our client did not need a high proportion of funding compared to their debtors and a loan with the option to repay was considered more appropriate.


Solution:

Bathgate have an extensive list of funders who could offer such a facility and 1 year loan was agreed and drawn within three days of meeting the client.