Welcome to our monthly bulletin, showcasing some recent partnerships.
Feature deal
Cleaning product manufacturer uses ABL to refinance funding facility
Industry: Manufacturing
Product: Asset based lending
| Industry | Product | Facility | Corporate objective |
|---|---|---|---|
| Cleaning | Asset based lending | £11.7m | Switch to more supportive financier |
| Distribution | IDeal™ | £3m | Increase supply to meet product demand |
| Manufacturing | IDeal™ | £2.5m | Support turnaround measures |
| IT | Invoice discounting with bad debt protection | £2m | Improve cash flow |
| Road haulage | Invoice discounting with bad debt protection | £150k | Enable business growth |
| Temporary recruitment | IDeal™ with bad debt protection | £75k | Access working capital |
