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Welsh Flooring Company - Unsecured Loan

Sector: Building & Construction | Value: £50,000
Equipment type: Unsecured Loan | Term: 6 MONTHS

Bathgate arranged a secured loan for this concrete flooring company.

Problem:

The buisness' cash flow was impacted by both unexpected delays in customer payments and a delay in the drawdown of a secured finance facility.

 

Approach:

Key drivers for the client were both speed and a short term facility.

 

Solution:

Bathgate have an extensive list of funders who could offer such a facility, along with the option for Bathgate to provide finance. Solutions were presented and a six month loan drawndown within days of Bathgate receiving the enquiry.