Supply chain finance facility gives asbestos removal company extra working capital

supply chain finance for asbestos company

Client: National asbestos removal Company.

Turnover: £3.3 million

Facility: Supply Chain Finance

Location: South Yorkshire

A fast growing asbestos removal Company needed additional working capital as their contracts grew faster than their traditional bank overdraft could service. Working with the Managing Director and Company accountant Enable Finance moved quickly to understand how the business operated and worked under JCT contracts.

After understanding the contractual nature of the business and the fact the client needed the funding to be unsecured Enable Finance moved quickly and delivered a supply chain finance facility. Providing the client with a revolving credit facility allowing them to extend terms with their suppliers by up to 120 days.

For more information on how Enable Finance could fund your business growth please get in touch.

New business finance website launched

Working With Enable Finance

Great news Enable Finance have launched their new website, the site has had a complete makeover with great care and attention to try and make the user experience smooth. Simpler site navigation should make it easier to find our business loan products and commercial funding services.

To coincide with our new site we have re-built our application forms which are more far more intuitive guiding our clients through the approval process. Enable Finance work with over 150 commercial lenders ensuring our clients have access to a wide choice of business finance.

Key Finance Highlights

  • Unsecured business loans without personal guarantees
  • Business loans up to £25 million
  • Buy To Let mortgages up to 85%
  • Commercial mortgages up to 75%
  • International trade finance supporting importers and exporters
  • Revolving credit facilities.