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Working Capital Facility for Wholesale Company

CORPORATE FINANCE ASSOCIATE

Chris Davey

Luxury Offce
Chris Davey
CORPORATE FINANCE ASSOCIATE

Chris Davey

  • Client: UK Based Wholesale Company
  • Facility: Circa £1,000,000 multifaceted business facility

In this case, Enness was approached by a market leading wholesaler based in the UK. The company specialises in selling products to businesses across the UK. They were looking for a working capital facility to allow them to continue to build on their business operations while keeping cash within the business for other projects.

When the client approached us with an urgent need for cash due to COVID-related challenges and  some additional requirements for their premises, Enness acted swiftly. We found a lender who could offer cost-effective, duel financing  while maximising the clients borrowing opportunity and who took a view on the COVID-related performance, instilling confidence in our client.

Enness successfully negotiated a  multifaceted business facility with a multinational bank. All aspects were priced at an attractive base which met the clients expectations and allowed for them to grow the business as they desired.

Enness, with access to over 500 lenders, takes pride in presenting the best possible terms to our clients. In this case, we went beyond the numbers and visited the client at their head office to fully understand their business and what they were hoping to achieve. This thorough understanding allowed us to recommend the best product to suit their circumstances, making them feel understood and valued.

Information contained in our case studies is for market and illustrative purposes only. In some cases, these may be made up of multiple cases and are for illustrative purposes only.

Some case studies are made up of enquiries that have come into the business, not all business completes, and the posting of a case study does not represent a completed piece of business.