We are delighted to announce our first case using a new unsecured lending product with Nat West bank.
The case involved a manufacturing company which had won significant new contracts with blue chip clients but needed funding for cash flow in advance of payments.
The company did not have any tangible assets to use as security but we identified that this product suited their needs and made the successful application.
Our case saw a £150,000 loan agreed within three hours and the funds were paid into the clients account the same working day.
Nat West provides funding from £5,000 to £150,000 for limited companies that have been trading for a minimum of 18 months.