Six figure Cash Flow Loan secured for a fast-growing automotive body repair centre with 3 locations based in Coventry & Warwickshire who were looking to expand.
The company had the opportunity of acquiring a well-established local competitor and required funding to support the day one consideration.
We worked in partnership with the company’s accountant who provided integrated forecasts including a cash flow. On review of these it was identified a Cash Flow Loan was the most suitable funding solution.
The challenge was finding the right lender who would be comfortable with funding acquisitions in this sector, the quantum required and the young, but talented management team.
We had the perfect lender in mind who not only bought in to the management team and growth aspirations, they were also able to structure their loan with a 6-month interest only period whilst the new site was being integrated.
