Alternative Finance -
Secured Loan for a New Bottling Plant
Opportunity:
Client was setting up a new bottling plant for flavoured milk and required assistance towards build costs.
Approach:
There were limited finance options available as the business was newly established, with no sales track record, but did have contracts in place.
Solution:
A £160K secured loan was approved, which could be converted to a commercial term loan once business could provide trading figures to support.