Business Loan Facility To Fund Working Capital For Company Expansion

We're often approached by business owners looking to grow and need finance to fund the purchase of equipment, stock or a move to larger premises.

Or they may be responding to increased demand and need to top up their working capital to step up production. 

The Scenario

Our client was involved in manufacturing pharmaceutical products on the outskirts of London. Growing demand for one of its product lines from a major high street retailer meant it needed to increase production and expand from renting four units on its industrial estate to 10 units.

They needed additional funding of £300K.

The Solution

We used the company's recent management accounts to demonstrate the financial soundness of their business model and got a  £300K flexible rolling finance facility set up for them.

A business loan rolling facility allows them to borrow as and when they need the cash at a very reasonable interest rate. They don't pay interest on money they don't need yet, but extending their borrowing when needed without much additional paperwork is easy.

And we could get the lending in place quickly, so the client could upscale to fulfil the first phase of the order on time.

Do you need finance to fund business expansion? Talk to a member of our commercial finance team to discuss the options available to you:

And read our blog about business loan finance »

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