Alternative Finance -
Revolving credit facility for additonal working capital.
Opportunity:
The client needed access to additional working capital to support a move to new premises.
Approach:
They needed a flexible working capital facility that they could draw down as and when required for any additional costs relating to the move.
Solution:
The unsecured facility also provided maximum flexibility. They could draw down varying amounts as needed rather than taking a lump sum. There were no restrictions on usage like traditional financing.