Alternative Finance -
General Export Finance for a Supplier of Robotic Solutions
Opportunity:
Funding was required to cover the costs of completing a large value robotics contract. No advance deposits were available from the customer.
Approach:
Bathgate used their expertise to identify a solution which could fund pre-sales costs.
Solution:
The revolving loan facility introduced financed build costs and following customer payment, loans were repaid, freeing up the facility to finance future contracts.