Traditional values : Modern solutions

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Local Food Suppliers - Professional Introduction

Sector: Food Suppliers | Value: £150,000
Equipment type: Trade Finance Loan | Term: Revolving

We helped organise a trade finance loan for this business.

Problem:

This business was seeking an increase in finance to enable a more efficient method of purchasing products, which were mainly against confirmed orders. Their bankers could not assist.

 

Approach:

Bathgate discussed both trade finance and unsecured loans. In view of expected usage and also potential further growth, the client's preference was a pre-sales facility.

 

Solution:

Bathgate introduced the client to two funders in this market place and a facility was put in a place quickly, catering for their specific requirements.