Background

Sector – Manufacturing

Longstanding manufacturing business had experienced a downturn in their market and required a working capital runway to ensure they remained liquid during a period of turnaround.

Challenges

• Business had been loss making for several years due to market downturn
• There was a capital event happening in March 2026 which would recapitalise the business, however, unable to demonstrate debt service cover without this
• Facility needed to be implanted within 3 weeks

Solutions

Facility: Asset refinance of existing kit
Line size: £700,000

• We were able to provide a £700k facility in 3 weeks for the client
• PG was minimal given line size at £25k
• Deal was done over 60 months at an interest rate of 10.6%