Our team were approached by a c.£700k p.a. heating and ventilation systems company that was seeing significant growth, but because of the sector, had been unable to secure funding for growth from their bank.
They tried to look for funding from the wider lending market but got bogged down in their search for funding and found the process painful and fruitless.
Following a meeting with the Kudos Commercial Finance team, they were presented with a number of suitable funding options for their business growth needs.
OUTCOME
The Kudos team were able to get approval on a £200k facility for the client with one of a large panel of CID lenders.