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Specialist Agricultural Trailer Manufacturer - Professional Introduction

Sector: Engineering & Manufacturing | Value: £30,000
Equipment type: Commercial Loan | Term:

We introduced a funder to a trailer manufacturer.

Problem:

Our client's specialist product is in big demand, with a substantial number of confirmed orders. However, historic accounts do not reflects current levels of sales and are restricting the business' ability to obtain finance.

 

Approach:

Bathgate introduced a funder, who focus on bank statements and therefore are able to offer finance based on current trading patterns.

 

Solution:

A term loan was agreed, drawn within days of the application, allowing our client to buy spare parts in bulk and take on additional staff on.