Alternative Finance -
Trade Finance Facility to Finance Strong Growth
Opportunity:
The client was experiencing strong growth and needed a pre-sales facility to fund continued expansion opportunities.
Approach:
Bathgate undertook a review of the trade cycle and took a pro-active approach to the solution, as opposed to their bank who had been slow in responding.
Solution:
With the client wishing to stay with existing invoice finance provider, the bank were not the right solution and a stand-alone trade finance facility was agreed, alongside a Recovery Loan.