Bad Ltd
Deal Type
100% Trade Finance & Bridging Finance
Background
Company acquired over 3 years through an MBO. The Bank funding was too short term and created cash flow constraints. They import goods from China and with the help of the suppliers were receiving 30 days credit from the supplier. The supplier was unable to continue providing the credit terms. The Bank was unwilling to approve Letters Of Credit. Using our unique sources we have provided:
- 100% Trade Finance.
- Short Term Bridging finance to pay for an existing shipment from China.
Solution
Provided a bespoke package of finance to a satisfied client.
