Six-figure Cash Flow Loan secured for a West Midlands based recycling business that collects and recycles white appliances (think fridges, freezers, washing machines etc.) for retailers, local authorities, and manufacturers.
Having previously supported the business with a Revolving Credit Facility to relieve short-term cash flow pressures driven by rapid growth, the company returned seeking a more structured, long-term solution following the award of several major contracts. The funding would enable them to hire staff, purchase inventory, and invest in expanded warehouse capacity.
Following a review of the business’ requirements, a Cash Flow Loan was identified as the most suitable solution. Funds would support the forecast growth whilst refinancing existing borrowing, helping to reduce monthly commitments and improve overall cash flow.
We secured a new banking partner that not only offered a competitive and tailored cash flow solution, they also provided and improved on ancillary services such as card processing and online banking which aligned with the business’ strategic growth plans.
Cash Flow Loans are particularly well suited to profitable businesses.
Benefits include fixed repayments that provide financial certainty for cash flow planning with some lenders offering no early repayment penalties, should your performance accelerate ahead of plan.
