Our client was a long established and successful wholesale cash and carry. They had built a brand new outlet but at a cost and time overrun. The bank facility was fully utilised.
The client still required funds to purchase stock and so consulted Vector. Apart from the trading history the client had considerable equity in the new building and so Vector were able to provide £450K business finance to enable them to stock up and start trading.
To maintain client confidentiality, we have provided a generic outline only.