The business was involved in the maintenance for the offshore sector, which included oil rigs and wind turbines.
Our specialist team met with the business as they had recently suffered from a fire and had to shut a factory down due to covid restrictions, but our team worked with our funders to explain the situation of the business and still got a deal in place.
We arranged £103K over a 4-year term for the specialist cleaning asset and due to the relationship created with the business, we also started discussions with them to finance the re-building of their factory.
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