As established car parts company was introduced to us by a contact who knows exactly how OBF work and the funding solutions we can help with.

The client already had an Invoice Finance facility, but was looking to grow the business and purchase some stock.

Whilst an Invoice Finance facility gives you access to the value of outstanding customer invoices before they are paid, there are occasions when additional monies are needed too.

We were able to arrange an unsecured loan ( subject to personal guarantees from the directors )  of £100k repayable over 5 years. As well as providing the company with the cash they needed, the loan could be repaid early without penalty, if required.

Here at OBF we have access to many different funding solutions, so for a no obligation discussion please do contact one of the team.