Banking Advice -
Combination of Commercial Mortgage & Invoice Finance for a Manufacturer
Opportunity:
The business was unhappy with their banking relationship.
Approach:
At Bathgate, we have strong contacts with local bank commercial managers and we made an introduction.
Solution:
A bank transfer was arranged, which included both a commercial mortgage (£400k over 20 years) and invoice finance (£1M revolving) and the client had the benefit of an experienced bank commercial manager specialising in manufacture.