Category: Manufacturing

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 […]