£1.8 million blended Invoice Finance facility and Cashflow Loan secured for a long-established West Midlands supplier of innovative TV Wall Mounts and stylish TV Stands, whose products are sold through many UK and North America’s retailers and e-channels.
Navigate Commercial Finance were introduced to the business by their Professional Advisor as they no longer met their incumbent funder’s client profile, coupled with the business needing increased facilities to support their growth aspirations.
On meeting with management, it was clear they had a very strong understanding of their business and their direction of travel, so it was our job to secure a funder who shared this vision and be seen as a long-term partner.
Using our network, we secured a pragmatic lender who was comfortable to provide an Invoice Finance facility and Cashflow Loan that would generate headroom for the business, enabling them to increase their product offering and aid expansion into new markets across mainland Europe and beyond.
