£3m turnover furniture importer
Tue, 12 Jun 2007
The business needed to restart from scratch following the collapse of a long established family owned business.
We arranged an invoice financing facility together with a trade finance facility providing funds to purchase containers of stock against confirmed orders to supply into large retail outlets.
The business is on target to hit its first year turnover and profit targets and having successfully entered the US market is budgeting for a 30% growth in year 2.
