Asset Based Lending
We have provided assistance and introductions for a number of businesses to appropriate asset based financiers the most recent of which, are presented below. For more information on how asset based lending could assist with your business's funding requirement, contact our specialist, Colin McPhail :
Company: The UK's premier wiring specialist and systems integrator - together with Swindon based subsidiary, Kembrey Wiring Systems, the group employees over 600 staff at sites in Burgess Hill, Swindon, Derby and Cowes
Transaction: Working capital facility - WKCF worked with Leumi ABL to engineer an appropriate invoicing discounting and stock finance facilty for the group
WKCF instructed by: Time 24 Group Limited
Size: £3m
Company: Provider of nationwide vehicle recovery and servicing capability to a number of major corporate clients
Transaction: Working capital facility - WKCF identified Gener8 as the ideal invoice discounter to deliver a funding package suitable for the growing business's working capital requirements
WKCF instructed by: 2 Assist Limited
Size: n/d
Company: Specialist Printers
Transaction: Acquisition - WKCF advised the Crofton Mastrom management team on the acquisition of Clearview Press Limited. Centric Commercial Finance provided the funding to enable the transaction via a disclosed invoice discounting (DID) facility
WKCF instructed by: Crofton Mastrom Limited
Size: £1.2m