Wedding Venue in Wales – Professional Introduction

This wedding venue needed a cash-flow boost and Bathgate were happy to help.

Opportunity:

Recent acquisition to increase the room capacity of the luxury wedding venue left cash-flow tight and in need of a boost.

Approach:

We identified they had a VAT return due for payment that month, which they had budgeted for and set funds aside to pay.

Solution:

An unsecured VAT loan repayable over 3 months with directors’ guarantees taken from the the two directors was arranged, allowing them to keep the cash set aside within the business.