£250k Funding Helps Fashion Retailer Seize Seasonal Opportunity

Company Sector: Retail

Loan Type: Term Loan
Loan Amount: £250,000
Loan Purpose: Stock purchase and consolidation

The Challenge

Maximising sales opportunities during the busy festive season was a priority for our clothing brand client. A quieter trading period had strained their cashflow and they didn’t have the upfront funds required to place the large order for their Christmas stock.

 An existing loan of approximately £50k taken over a short-term, as well as an overdraft facility, added further cash-flow strain

Our Solution

Further to negotiations with our lending panel we were able to secure £250k for the client. This consolidated their borrowing, achieving a reduced interest rate, over a longer term. The facility gave them the flexibility of making overpayments or settling early. Additionally, the funding enabled the business to:

• Acquire stock for the festive period

• Develop and launch new stock lines

• Clear their overdraft

• Reduce interest costs

• Relieve cash-flow pressure

The Results

Delighted with our bright and efficient approach, the client gave us a 5 star review, explaining:

“Dealt with us professionally, very quick helpful and diligent. Great company to work with!”

If your business is facing similar challenges - get in touch to explore how we can help - 01832 770 273