Asset Backed Loans 19/02/2018
The borrower was incorporated in March 2013 and has developed into a market leader in the manufacturing of bespoke modular construction, supplying sectors including NHS, Public, Construction, Commercial and Education.
In the 2017 they expanded with a number of new large contracts currently in ‘work in progress’ and the pipeline of new business beyond that is healthy. They raised £750,000 from lenders in less than 24 hours. Those lenders are enjoying 13%.