Issue – business looking for cashflow to assist with day to day trading, after successfully securing 3 retail sites. Having used up cash from the site acquisitions and equipment costs, they needed to release further funding to pay suppliers and gain credit terms, employ staff and expand the retail team and eventually secure a new lease, and a further site.
Action – after reviewing the trading to date, it was seen that further investment required, once obtained, would bring the business in line with where it wanted to be. Sufficient revenue as generated on a weekly basis was enough to facilitate the current trading expenses and repay any new investment.
Result – after obtaining an unsecured loan to the business repayable over a 5 year term (without early repayment penalties) this has enabled the business to achieve good credit terms with suppliers as well as enjoying discount through larger orders, put plans in place to employ staff and return to profitability again. The loan took just over a week to complete.
Issue – business looking for a short term loan to assist with the acquisition of another business in the same sector, offering an element of diversification to the products and services in place already. However due to the level of commitments of the business already, it was seen by traditional lenders, that it was already “stretched”.
Action – after reviewing the business projections and cashflow forecasts following the acquisition, as well as the cost savings due to merging relevant operational activities, it was seen that the business could comfortably repay the loan (again without early repayment penalty). The business was also looking at further cash injection, after selling off part of an overseas venture which could be used to repay the loan much quicker.
Result – after securing the short term loan from two sources, aware of the others involvement, the business was able to make the acquisition the week before Christmas which was time critical to the vendors. The deal took 4 weeks to complete.
Issue – business looking for capital investment to assist with the implementation of a high end technical product offering after having won orders from some internationally acclaimed companies. Due to the upfront costs needed to secure the IT specialist equipment to fulfil the orders, the business approached us for assistance.
Action/Result – after reviewing the orders, the business projections and the cashflow forecasts which showed a little pressure, we managed to secure a small short term loan for the business to ease a few weeks cashflow. We then introduced them to a Specialist Corporate Finance house to assist with Equity Finance. The Corporate Financier has confirmed that they have been appointed and the drafting of propositions to investors is in progress.
We work closely with you and carry out research to understand your needs and wishes.