Seasonal payment structure eases cashflow
A new client introduced by a trusted source was looking to ease their cash pressures throughout the summer months. The business provides logs nationwide and as such their capital equipment is not producing revenue in their downtime period.
The client had approached their existing lenders who were unsupportive of their request regarding a restructure of the current deals or a payment holiday. We acted quickly and within a week re-structured the finance agreements with one funder over a slightly longer term, allowing them to pay a significant amount less throughout the summer and increasing the payments in the busy winter period.
This has not only provided instant cashflow benefits but by understanding their business we have mirrored the finance to the true trend of their operation.
The client was delighted with our speed of turnaround and will place future business with us.