Whiting & Partners, The Corporate Finance Network’s representative firm in Suffolk, has successfully advised a Recycling & Skip Hire business on raising £250k.
Whiting & Partners took the initiative to highlight to their client that they would be able to refinance their existing loans and hire purchase agreements by accessing cheaper finance available to them in the market.
Jaimie King, Corporate Services Manager at Whiting & Partners went to work to find a cheaper solution for their client. After conducting analysis to determine how much their client could save, Jaimie began to look at the options available to them in the market.
To get the funding options, Jaimie used Capitalise, a company which provides comprehensive searches of 100+ lenders to find the best rates and deal for businesses seeking finance. The funds were promptly secured at an acceptable rate.
Thanks to the proactive approach of the Whiting & Partners team, the business secured £250k to refinance their existing debt at much more favourable rates.