Engineering Group of Businesses Needed Help after Covid

Opportunity:

Group continued to acquire new businesses, which along with impact of Covid increased cashflow pressures.

Approach:

Client had an existing selected invoice finance facility and had referred direct to their bank for a whole turnover solution. 

Solution:

Bathgate know the invoice finance market and with the failure of their bank to support, we introduced an alternative funder at competitive rates and limited personal guarantee cover.