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Success Stories

 

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.

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