A long-established South West-based wholesaler of high-quality precision tools has secured a six-figure Invoice Finance facility through Navigate Commercial Finance following a successful refinance.
The business, which supplies manufacturing companies across the UK via an extensive vending machine network, needed a new funder after its incumbent lender tightened its credit appetite. With over nine years of successful Invoice Finance usage, the solution was clearly the right fit — the challenge was finding the right partner for the next stage of growth.
Leveraging our strong lender relationships, we quickly identified and introduced a specialist funder who fully supported the company’s vision. Following detailed meetings and due diligence, the new facility was approved with significantly enhanced terms, including:
- A higher prepayment percentage to better manage working capital seasonality
- More competitive pricing compared to the previous lender
- No requirement for personal guarantees
This refinancing has not only replaced the existing facility but delivered meaningful commercial improvements, giving the wholesaler greater cashflow flexibility, reduced costs, and the confidence to continue expanding its market-leading vending network.
What began as a challenging situation has resulted in a far stronger funding structure, enabling the business to focus on growth with a supportive long-term partner.
A brilliant result that demonstrates the value of expert guidance and strong lender relationships in securing better outcomes for established businesses.
