Case Studies
A fast-growing Dublin-based steel company had the opportunity to purchase the industrial units it rented from its landlord, but needed to move quickly. Clancy Business Finance introduced the business to a new bank and secured an €850K commercial mortgage at 80% LTV, together with funding for refurbishment and additional overdraft and asset finance facilities.
Clancy Business Finance helped a property investor refinance a €1.2M residential property portfolio as the client’s existing facilities came up for renewal. The refinance delivered approximately €40K a year in interest savings, with no arrangement or exit fees and a simpler debt structure.
A food processing business based in Limerick (€7M turnover) was restructuring following a downturn. Its bank was reducing the €1.5M invoice discounting facility and planning to exit. The business had a strong pipeline but needed additional cashflow to trade through the peak season. CBF introduced a funder willing to support the turnaround and structured an invoice discounting facility with 95% prepayment for nine months. This released an additional €500K from the debtors ledger and helped ease seasonal cashflow pressure.
A long-established engineering company needed urgent funding to pursue a disputed contract after its bank was unable to assist. Clancy Business Finance was approached by the company’s accountant for advice and arranged a €750K equity release against the owner’s investment property, with the bridging finance in place within four weeks. The dispute was subsequently settled for more than €3.5M.
A telesales company with 90% of turnover tied to one customer could draw only €150K against its €600K debtor ledger because its invoice discounting funder capped that debtor at 35%. Clancy Business Finance introduced a specialist invoice finance provider willing to fund the key customer to 80%. This increased available funding to €480K, releasing an additional €330K in working capital.
A €2.2M turnover medical device exporter needed additional working capital to bridge the gap between paying suppliers within 30 days and giving international customers extended credit terms. Clancy Business Finance introduced an export finance specialist and secured an invoice discounting facility with bad debt protection, releasing €780K from the company’s export debtors.
