Alternative Finance -
CBILS Facility for a Car Rental Company
Opportunity:
Accountant introduction – the client had been turned down by their existing bankers for a CBILS loan.
Approach:
Bathgate introduced a funder who took into account both the strengths of the business and the proprietors credit rating.
Solution:
A CBILS loan over 60 months was offered, with no costs incurred during the initial 12 months and capital repayments commencing after 12 months.