Asset Finance of £150k secured against 7 brand-new vans for Civil Engineering company
BACKGROUND After being let down through usual supplier channels, the client came to us looking for 7 small vans with rear seat conversions. Following a meeting with the Kudos Commercial Finance team, the client was presented with a number of suitable funding options for their asset funding capital through our lending panel. OUTCOME We secured […]
Labour Services Company Approved for £500k Facility
BACKGROUND Our team were approached by a c.£6m p.a. labour services company that provided workforces to commercial businesses and local authorities. The company had been hit hard by a recent bad debt and had entered into an IVA. Following the approval of the CVA the encumbered funder requested the repayment of their loan facility. The […]
Northeast Company providing Heating and Ventilation Systems Approved for a £200k Facility
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 […]