Stage payments and foreign exchange for an overseas asset purchase
In order to increase TDX’s production line output to meet demands, the company needed to borrow €1.5 million to purchase a plastic extrusion line from a specialist Italian supplier. The finance requirements were complex. So it asked broker, Finance for Industry, for assistance.
Flexible stage payments with funding agreed in 24 hours
Existing lender relationships meant securing £280,000 for production machinery should be easy for the premium food products supplier.
American supplier with commercial credit
Anglo Scottish received a proposal from a manufacturing company who wanted to purchase three large pieces of equipment from an American supplier. The supplier required a 25% deposit on the order with the balance payable in US dollars prior to shipment.