About Bathgate Business Finance
We are a ‘business to business’ finance provider and our aim is to give our customers access to the advice and appropriate funding they require.
Reviews
Another recent deal: a long-established, family-run flooring business. The business had expanded its outlets but this growth had tightened cash flow & slowed further expansion. We sourced an unsecured 3 month & 12 month loan to ease cash flow in the short term and provide finance for growth.
Recent deal: food supplier sought an increase in finance to enable more efficient purchasing, mainly against confirmed orders. Their bankers could not assist. We discussed available options. Client's preference was a pre-sales facility from a trade finance provider known to us.
Recent deal: Hospitality business needed to spread its VAT payment for one of its most successful hotels. Short term unsecured 3 month loan was arranged within 48 hours, supported solely by Directors' guarantees. There is the ability to renew the facility quarterly, if required.
Recent deal - invoice finance for an engineering business:
A new business required to finance its contracts. Finance options were limited due to industry sector & business newness. We introduced an invoice finance provider that we knew could deliver for both current needs & future growth.
We also introduced a trusted party to provide legal advice to the business.
... Alternative finance in action!
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Recent deal: A long-established law firm required to buy out a retiring partner & to finance the investment in 6 new solicitors.
After gaining a full understanding of the business and its growth plans, through a number of meetings with the firm, we tailored a solution by way of a peer to peer loan, on a competitive fixed rate, and a personal loan, both over 5 years.
Alternative finance at work!
Latest Deal: invoice finance for a steel fabricator.
The business had historic losses but had returned to profit. We discussed a range of financing options with the twin aims of boosting current cash flow & funding sales growth.
Invoice finance was the most appropriate option as it provided an immediate cash injection and will provide further finance as sales grow.
Another recent deal: New manufacturer of blinds was seeking finance to purchase equipment. The directors already operated an existing business. We discussed the option of taking finance through that company. From our extensive network we sourced a 3 year loan.
http://www.bathgatebf.co.uk/latest-dea… /blinds-manufacturer/
Recent deal: Food supplier sought finance to enable a more efficient method of purchasing products, mainly against confirmed orders, but its bank could not assist. We introduced 2 pre-sales funders & a £150k flexible revolving credit facility was provided. Alternative finance in action!
http://www.bathgatebf.co.uk/latest-de…/ local-food-suppliers/
Recent deal: an existing customer approached us for finance to assist with a growth strategy. To increase market share would take time so additional funding was required to cover the additional staff costs then to finance sales growth. As asset based lending was not an option we sourced an unsecured loan.
http://www.bathgatebf.co.uk/…/fire-and- secuirty-installati…/
Recent deal: a boiler installation business had growing turnover. Rightly, an invoice finance facility was in place but increased work in progress (pre-debtor) was affecting cash flow. We therefore sourced a 2 year loan to provide additional working capital and help the business to continue to grow.
http://www.bathgatebf.co.uk/…/boiler-in stallation-under-go…/
Another recent deal: health & safety business had increased sales, placing strain on cash flow. Invoice finance could have been a solution but was not considered the best option.
A loan with an option to repay early was therefore arranged, all within 3 days!
http://www.bathgatebf.co.uk/…/health-an d-safety-designers-…/
Recent deal: garden products business had increased sales but existing invoice financing was not workable due to seasonal trading. A short term loan was provided to ease cash flow during the time of higher stock levels.
http://www.bathgatebf.co.uk/latest-dea… /timber-manufacturer/
The art of the possible in business finance.
Contact us if you have any problem sourcing business finance. It's what we do for a living.
We would like to wish our customers, intermediaries and friends a very Merry Christmas and a prosperous New Year.
This is a recent deal where a client, with strong historic trading and previously self-financing, sought an "in case of need" facility. We sourced a pick and choose invoice finance facility that met the client’s needs. Just another example of alternative finance solving a funding problem.
http://www.bathgatebf.co.uk/…/mechanica l-building-services…/
We are delighted to be sponsoring the Liverpool Organic Brewery Waterloo Beer Festival next month. Make sure you get yourselves down there - it will be on from Thursday 3rd - Sunday 5th November and is not one to be missed if you're a fan of Real Ale or Liverpool Gin!