Broker: Mikhail Williams
Overview:A well-established Construction company in the home renovation sector, required on-going working capital to support its operations and growth. Access to flexible funding was essential to manage cash flow, invest in materials, and take on new projects without financial strain.
Challenge: The business needed a working capital facility without requiring a Personal Guarantee (PG). Many lenders typically demand a PG, which can be a barrier for business owners looking to separate personal and business liabilities.
Outcome:
- Successfully secured an ongoing working capital facility without a Personal Guarantee.
- The facility has remained operational for the past two years, providing consistent financial support.
- Enabled the business to manage cash flow effectively and take on more projects confidently.
- Loan Amount: £210,000
- Term: 3 years