General Export Finance for a Manufacturer of Agricultural Machinery

Opportunity:

The client, whose business involves seasonal manufacturing, required additional working capital to manufacture a build-up of stock during the quieter time.

Approach:

The client already had invoice finance and term loans. A facility was therefore required which would be repaid from the invoice finance facility when sales increased in the busier period.

Solution:

A facility under the General Export Scheme was arranged. This comprised of a revolving loan facility, with a 12 months term.