The Client
The client, an esteemed aluminium glazing and fenestration company based in the Midlands, installs Danish-designed and fabricated frames on both commercial and domestic projects. With a portfolio of high-profile clients and a project diary booked 9 months ahead, the business is growing rapidly.
The Challenge
The company has been planning to bring the fabrication element of their business in-house for quite some time. However, the immediate overheads of space, materials and labour put them in the ‘need money to make money’ conundrum. Funding this project with their cash reserves would put strain on their existing workflow; however, being able to produce bespoke products and cut down on supplier costs outweighs the cash flow concerns.
How we helped
After a brief consultation with one of our experts, the company decided to opt for a business development loan. Designed to facilitate growth initiatives and expansions, this was the perfect business finance product for the company’s new venture. With a turnaround time of just 48 hours, our client had the funds ready for:
- Leasing the new premises
- Ordering the necessary equipment
- Training existing and new staff
- Marketing their new product range
Talk to us
If you are looking to find the right finance for your business, contact us today.
