CBILS Facility for a firefighting equipment supplier

Opportunity:

With a national lockdown in place due to COVID-19, production stopped which affected both turnover and profits.

Approach:

Introduced by their bank RM who sought an alternative CBILS solution that was less onerous and quicker than the banks’ offering.

Solution:

A CBILS facility was offered by one of our independent CBILS funding partner at a very low APR in 24 hours, the client had the funds in their account two days later.