Key Details:
- Client: UK-based industrial services firm with historic credit challenges
- Loan Type: Secured commercial loan for debt consolidation
- Outcome: Monthly savings of more than circa £20,000 across existing finance facilities
A long-established UK industrial services firm approached Enness Global seeking assistance to consolidate several high-cost borrowing arrangements. The business had multiple asset finance agreements supporting its operations, but repayments had become increasingly difficult to sustain due to short terms and elevated interest charges. With historic credit challenges and pressure on cash flow, the client required a refinancing solution to streamline its existing debt, reduce monthly commitments and improve financial stability.
The client’s existing debt was spread across several lenders, each with varying repayment schedules, rates and terms. This fragmented structure made financial management more complex and left limited headroom for working capital. Despite a strong trading history, the company’s credit history and existing level of borrowing meant that traditional refinancing routes were limited. A specialist approach was therefore required to consolidate the liabilities into a more manageable structure while taking the wider financial position into account.
Enness Global worked with a specialist commercial lender to structure a secured facility against company assets. The proposed loan consolidated multiple existing agreements into a single facility with a longer repayment profile and lower monthly commitments. The application was positioned around the company’s trading performance, tangible asset base and proposed repayment strategy, allowing the lender to assess the wider circumstances alongside the historic credit challenges.
The resulting structure reduced the company’s combined monthly finance commitments by more than approximately £20,000, subject to the final terms of the facilities being refinanced. This provided additional cash-flow headroom and simplified the company’s existing borrowing arrangements.
This case demonstrates how specialist commercial finance can provide refinancing options for established businesses where historic credit issues, multiple borrowing facilities or existing gearing may limit access to mainstream lending. A structured approach can allow lenders to consider the wider financial position and underlying assets when assessing a complex refinancing requirement.
Disclaimer
This case study is for illustrative purposes only and does not constitute financial, legal, tax or investment advice. The client scenario has been anonymised and certain details have been generalised to protect confidentiality. Commercial finance is subject to status, underwriting, valuation, asset suitability and lender criteria. Loan amounts, pricing, repayment terms, savings and lending structures are indicative only and may vary depending on individual circumstances. Enness Global acts as a credit broker and not as a lender.
Risk Warning
Commercial borrowing carries risk. Where finance is secured against business or other assets, failure to meet repayment obligations may result in the lender taking enforcement action against the secured assets. Extending the repayment term may reduce monthly payments but can increase the total amount payable over the life of the facility.
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