Case Study: Contract Food Packer
The Client Need
A broker approached our team at Davenham with the need to refinance the entire production line within a contract food packing business. This would then assist in buying new machinery in order to grow the business, and would also be used to help cash flow.
The Davenham Solution
In order to complete the deal, our experienced team ensured strong valuations were given and personal guarantees were taken, in addition to the Landlord’s waiver being agreed. This resulted in the business being able to excel forward through the purchase of multiple pieces of new machinery, and the strain on cash flow was eased significantly.
A broker approached our team at Davenham with the need to refinance the entire production line within a contract food packing business. This would then assist in buying new machinery in order to grow the business, and would also be used to help cash flow.
The Davenham Solution
In order to complete the deal, our experienced team ensured strong valuations were given and personal guarantees were taken, in addition to the Landlord’s waiver being agreed. This resulted in the business being able to excel forward through the purchase of multiple pieces of new machinery, and the strain on cash flow was eased significantly.