Did you know that re-financing your existing unencumbered assets can the best way to unlock working capital quickly and effectively?
DJB visited a transport and logistics business that had recently been awarded a new £5m contract. The contract involved investment in new vehicles, new staff and infrastructure.
Whilst there was a huge benefit from the new contract the company had to fund the start up capital from cashflow.
DJB suggested re-finance as a simple solution and alternative to traditional bank lending.
A valuation of assets was obtained, a funder was sourced and the re-finance of 38 unencumbered assets was concluded swiftly ahead of the contract going live.
A simple solution and a satisfied customer.