Traditional values : Modern solutions

Visit us on Facebook
Visit us on Facebook
 
Visit us on LinkedIn
Visit us on LinkedIn
 
Visit us on Twitter
Visit us on Twitter

Online clothing retailer - Supplier Finance

Sector: Retail | Value: £250,000
Equipment type: N/A | Term: Revolving

We arranged supplier finance for a growing online retailer who had significant sales opportunities.

Problem:

The business had achieved significant growth in the last two years and had further growth opportunities. Finance was required to take advantage of these growth opportunities. A limiting factor in obtaining finance was the fact that the business owner was not a home-owner.

Approach:

We met the client to review the circumstances, establish the key requirements and understand its plans. Our knowledge of the supplier finance market helped us to identify suitable finance options.

Solution:

We arranged a facility to finance payment to overseas suppliers upon dispatch of goods with a repayment period of up to 90 days to allow the client to convert those goods into cash.