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

Steel Fabrication - Professional Introduction

Sector: Manufacturing | Value: £100,000
Equipment type: INVOICE FINANCE | Term: REVOLVING

Bathgate arranged an invoice finance solution for this business.

Problem:

The business had a negative net worth due to the build up of historic losses, although action was taken to correct this, which was reflected in the profit earned in the last 12 month.

 

Approach:

Bathgate discussed both unsecured finance and invoice finance, with the aim to both assist the current cash flow and provide a facility to assist with growth.

 

Solution:

The client decided to take the invoice finance option, providing an immediate improvement in cash flow, without impacting their monthly finance payments. Continued increase in sales will see additional funding generated.