Welcome to our monthly bulletin, showcasing some recent partnerships.
Feature deal
ABL supports growth of cleaning products manufacturer - ECSL
Industry: Manufacturing
Product: Asset based lending
Industry | Product | Facility | Corporate objective |
---|---|---|---|
Temporary recruitment | IDeal™ with CBILS | £3m | Cash flow support due to coronavirus business disruption and ongoing funding |
Care provision | IDeal™ with bad debt protection | £800k | Assist current trading and growth opportunities |
Industrial casting | IDeal™ | £350k | Consolidate borrowing |
Electrical wholesalers | Invoice discounting | £350k | Fund 'phoenix' company following COVID-19 |
Metal fabrication | IDeal™ with bad debt protection | £350k | Support newco trading |
Mechanic | IDeal™ with bad debt protection | £250k | Ongoing working capital funding |