Read through to find out how we helped the company plan for current and future projects on a more secure financial footing whilst facilitating strong financial performance.
Situation
The company is an international civil engineering contractor with particular specialisms in large-scale infrastructure and surface mining.
Challenge
The company has been exploring various financing options ahead of anticipated contract wins and continuing large-value projects.
How we helped
Our team had previously engaged with this client and had agreed to a smaller facility, to support the working capital requirements of a new contract. Due to the continuing relationship, a review of their short and medium-term funding requirements evidenced a need for further working capital.
Results
A £300k facility was requested and quickly agreed upon. The funding has enabled the business to plan for current and future projects on a more secure financial footing which should facilitate continued strong financial performance.