Grocery Supplier Refinance Success!

The Primary Asset Finance team have successfully refinanced a well known fruit & veg stable company who supply top restaurants with fresh and delicious produce. The business, with turnover of over £30m, was facing issues with it’s banker and approached us with a view to restructuring their finance and ideally providing funds for potential expansion.  After consultation on specifics and approaching our network  Primary Asset Finance have completed a £5.2m Invoice Finance facility and £2.8m of additional working capital facilities, to help the company with its future growth plans.