Alternative Finance -
CBILS loan for a legal practice.
Opportunity:
Customer had been affected by the downturn in business due to Covid-19 and needed a cash flow injection.
Approach:
We looked at the relevant lenders on the British Business Bank Scheme and approached the correct one for the customer.
Solution:
We were able to secure the customer their full requirement over a 5 year term. This in turn freed up cash flow with the business, ensuring they could continue to operate.