This client approached us for additional cashflow support.
Following our review of existing facilities, we were able to secure a consolidation
loan which also provided additional funding, using the Recovery Loan Scheme.
New £200k flexible loan facility delivered over a 5 year term. This repaid an
existing CBILS facility of £140k that was taken over a 2 year term. £60k additional
cash provided into the business whilst also saving £3k per month in repayments.