Author: Lucinda

ELECTRONIC GOODS IMPORTER

“We’d looked everywhere and had really hit a wall – but somehow Clancy found a solution that worked perfectly for us.” ELECTRONIC GOODS IMPORTER, TURNOVER €4M The Problem: Needed to fund a confirmed order, at limit with bank. This established business won an order from a blue chip debtor, to supply goods for the Christmas […]

MEDICAL DEVICE EXPORTER, TURNOVER €2.2M

“I was amazed how quickly Clancy was able to arrange funding – we had money in our bank within days” MEDICAL DEVICE EXPORTER, TURNOVER €2.2M The Problem: Needed cashflow to “fund the gap”, outside lenders criteria This business specialised in exporting medical devices, to international customers. Their customers require extended credit, but they had to […]

TRANSPORT BUSINESS, TURNOVER €800K

“Our funder was very difficult to deal with. However, Clancy found us a great funding partner – now we get cash in 24 hours and we know exactly where we stand”. TRANSPORT BUSINESS, TURNOVER €800K The Problem: Unhappy with existing funder, looking for alternative lender This family run business had an Invoice Discounting facility but […]

FURNITURE BUSINESS, TURNOVER €3M

FURNITURE BUSINESS, TURNOVER €3M The Problem: Re-start, banks unable to support These business owners re-started in the furniture industry after their previous business went into liquidation, following a large bad debt. Due to the history, the main discounters were unable to support the new company. The new business needed Invoice Discounting to pay their suppliers […]

June 25, 2011 Manufacturing

MEAT BUSINESS, TURNOVER €5M

“After a tough few years, it was great to get a decent offer on the table. Thanks, Clancy” MEAT BUSINESS, TURNOVER €5M The Problem: Poor financials, turned down by lenders. This family run business were using Invoice Discounting and unexpectedly got a termination notice from the funder who wanted to exit the facility. Having successfully […]

FOOD PROCESSING COMPANY , TURNOVER €7M

“Our back was completely against the wall – Clancy got us a fantastic offer of finance, which was a real game changer”. FOOD PROCESSING COMPANY , TURNOVER €7M The Problem: Business turnaround, looking to refinance. This business had an Invoice Discounting facility of €1.5M from the bank. The business was restructuring, having experienced a decline […]

TELE SALES COMPANY, TURNOVER €2.5M

“Clancy got us a much better deal that really allowed us to get maximum cash from our debtors ledger.” TELE SALES COMPANY, TURNOVER €2.5M The Problem: Single debtor concentration, funding restricted. This business had one key customer representing 90% of turnover. They were owed €600K and had an Invoice Discounting facility. However their key debtor […]

1 2 3