Croydon-based accountancy firm MDH, has supported its Care Home client to obtain a working capital facility to manage short-term cashflow constraints.
Michael Hemme, the Founder and Managing Director at MDH was approached by his client after they wanted assistance with raising finance within a short timeframe.
Using their partners Capitalise, their options were reviewed and it was decided that a working capital loan would be the best solution.
The team reviewed the market and presented the best options to the company owners, who chose the term loan product from a reputable lender.
This took the pressure off the business and allowed them to refocus on trading and serving the needs of their residents.
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