Advisor
EBR, Elcom, Butcher's Pet Care Ltd, Aldridge, What More UK Ltd
“We never shy away from a 'difficult' deal, in fact we actively support them.”
Ted Ettershank, Managing Director, Lloyds TSB Commercial Finance.
By using an all-asset approach, in a flexible and creative way, we manage to push that bit further to make things happen. Here’s just five examples of recent cases that prove the complex deal holds no fear:
EBR: A flexible deal for a flexible packaging manufacturer.
This North East-based food sector company, with a turnover of £17m, required funding for a share buy-back from 3i. We leveraged up against receivables, stock, and P&M. Completed: Jan 06.
Out of the box: Elcom.
A Midlands computer equipment company with £50m turnover. Our strong track record of delivery won the day. We provided a 90% receivables facility and cash flow loan. Completed: Jan 06.
Satisfying animal appetites, with Butcher's Pet Care Ltd.
A Northamptonshire-based pet food manufacturer. This £40m turnover business needed new manufacturing lines to make the most of a promising new product range. In conjunction with LTSB Bank we provided a one-stop Banking and Asset-based solution in the form of a £5m asset-based loan. Completed: Jan 06.
Securing the MBO with Aldridge.
A Southern-based wholesaler of security products. Aldridge needed £6m+ of working capital facilities. We were flexible and decisive on internal procedures to accommodate deal requirements via a receivables line and a cash flow loan. Completed: Jan 06.
Leveraging more for What More UK Ltd.
A North West manufacturer and distributor of houseware products with £15m turnover. Facilities provided cover receivables. We took a flexible approach towards a major customer concentration issue. Completed: Dec 05.
