01628 668811

EXAMPLES OF OUR ASSIGNMENTS


COMPANY DOCTORS and BUSINESS MANAGEMENT

  • Assisted a financially troubled importer and distributor of ladies footwear by restructuring their debt, negotiated new and improved import finance facilities and introduced new equity partners to fund subsequent growth
  • Saved an insolvent distribution business by taking control of cash flow, and negotiate with trade creditors, restructure their bank facilities, introducing a new bookkeeper and changing their accountant.
  • Assumed the role of chairman of a long established family business, over a nine month period, to sort out their cash and management problems.
  • Negotiated, to the satisfaction of both parties, the termination of a long disputed trade contract between a privately owned chain of hair salons and their USA based product supplier.
  • Helped a husband and wife partnership, about to lose their house because of overwhelming bank, tax and credit card debts, to pay them off by re-mortgaging their business premises and re-negotiating their bank facilities.
  • A sole trader was given just 4 weeks by his business bank to repay his £30,000 overdraft - which he could not do. Within a week he had the overdraft with a more supportive bank.
  • Negotiated successfully with the IR for 10 months to stop them bankrupting a window manufacturer 
BUSINESS FINANCE
  • An unsecured £50,000 loan for a school to pay the staff wages though the summer holidays.
  • Raised £600,000 cash via sale and lease back of industrial catering equipment to help the company reduce its bank overdraft.
  • Leased £90,000 of equipment to a recording studio.
  • When the lease ended 3 years later, we refinanced the same equipment to fund the building of a second studio.
  • £250,000 of import finance to pay a Canadian truck manufacturer on behalf of a UK customer who did not have the 50% cash deposit required.
  • £100,000 private loan to enable a new club, delayed by problems with building contractors and so running out of cash, to open on time.
  • Funded the £350,000 needed for the MBO of an engineering company with a combination of invoice finance and refinancing plant.
  • Weeks before a new restaurant was about to open, their bank reneged on their promise of £60,000 to pay for the furniture and cutlery. We leased it in 6 days.
  • £100,000 loan to a small electronics company to pay for the materials and labour required to fulfil a large customer order.
  • Lots of  sub £20k leasing for sole traders  - cafes, cameramen, hair salons etc.


"Support Finance saved my company."
- Laurence Smith, Lauraine Ann

Copyright © 2008 Support Finance Ltd.
Further information: Warren Palmer.
Company No. 5802281