Welcome to our monthly bulletin, showcasing some recent partnerships.
Feature deal
Coronavirus Business Interruption Loan minimises working capital gap for VIG2019
Industry: Industrial relocation and machine moving
Product: CBILS Term Loan (alongside IDeal™ invoice discounting)
Facility: £150k
| Industry | Product | Facility | Corporate objective |
|---|---|---|---|
| Manufacturing | Invoice factoring | £750k | Move to more supportive lender |
| Flooring contractors | IDeal™ with bad debt protection | £300k | Fund Newco |
| Food and drink | IDeal™ with bad debt protection | £300k | Access working capital |
| Haulage | Invoice factoring with bad debt protection | £250k | Consolidate funding |
| Security and surveillance | CBILS (alongside IDeal™) | £200k | Cash flow support due to coronavirus business disruption |
| Manufacturing and supply | CBILS (alongside invoice factoring) | £100k | Cash flow support due to coronavirus business disruption |
