Payout secured within 48 hours of receiving proposal
- Asset funded: Yellow plant
- Sector: Wood Recycling & Energy
- Solution: Sale and HP Back
- Facility: £75,000
When we received a proposal for an asset purchase that did not fit our credit policy, we worked closely with the broker to find an alternative solution for the customer. We identified suitable balance sheet assets for refinancing to raise funds for the asset purchase.
Despite the transaction’s complexity, our dedicated and collaborative approach allowed us to release the funds quickly, finalising the deal in 48 hours. This successful teamwork strengthened our relationship with the broker, who was delighted with the service provided.
Team: Josh Morgan (Credit) and Amanda Close (Business Development Manager)
The availability of lending, products and services are subject to eligibility, status and our lending criteria. The right to decline any application is reserved, terms and conditions apply.
