Alternative Finance -
Funding required for expansion.
Opportunity:
This client needed funds to expand overseas trading.
Approach:
Key requirements included a £500K revolving facility with potential to grow and no personal guarantees or debenture.
Solution:
Bathgate were able to introduce the client to a funder who could assist with key requirements at a competitive price. The funder only dealt with businesses with strong financials and transacted in a good proportion of overseas currencies. Bathgate’s extensive knowledge of finance solutions was key to the introduction.