Chemical Company - Midlands
Customer's objectives:
Remove reliance of manufacturing company
on personal assets of owner
Obtain additional working capital to develop
business
Problems to overcome:
Limited financial track record
Short timescale due to other investors coming
into chemicals company
Deal structure:
Commercial loan on property £500k
Asset finance for chemicals company £700k
Small Firms Loan Guarantee (SFLG) £250k
Conclusion:
Combination of commercial loan, asset finance and SFLG enabled owner
to achieve his objectives and develop chemicals company.
NEXT »
|