Product: Factoring
Funding line: €350K
Sector: Manufacturing / Aircraft
Region: Co. Down
Our client manufacture specialised parts to the aircraft industry and required funding due to their 60 days credit terms putting strain on their cashflow. Our 350k facility has allowed them to continue their ‘just in time’ production lines, and support the increased demand for their aircraft components since the lifting of Covid-19 restrictions within the industry.
Product: CID
Funding line: €1 million
Sector: Sustainability and Environmental Consultancy
Region: Cork City
We recently funded our client who was restructuring the business to combat the decline in turnover. The business had the tough decision to reduce staff numbers by over 50% to offset operating costs. This new facility will support this turnaround period and stabilise operating costs with the security of ongoing working capital.
Product: CID
Funding line: €3.5 million
Sector: Food manufacture
Region: Co. Cork
Our client is involved in the manufacture of food products in the dairy industry, and our €3.5m facility helped our client exit examinership as well as supporting the acquisition of competitor business. This has helped them to increase their global sales, expanding from Ireland and Europe to the UK, USA and Middle East.
Product: CID
Funding line: €4 million
Sector: Mechanical design and manufacture
Region: Donegal
We recently funded our client who provide bespoke tooling that is built in-house, as well as technical design of specialist parts used in automotive industry. Our €4m has allowed our client to facilitate industry growth, as well as growth in their own debtor book, and ensure cashflow through their 90 days credit terms.
Product: CID
Funding line: €250K
Sector: Food and drinks manufacture
Region: North Dublin
Our client supply health foods, drinks and ready-meals to independent retailers and supermarkets. They needed funds to allow them to take on new contracts with large multiples, and our 250k facility has allowed them to secure new contracts with confidence across the larger grocery multiples.
Product: CID
Funding line: €550K
Sector: Agricultural manufacturer
Region: Wexford
We provided our client who is an international manufacturing company serving the agriculture market with a €550k facility. Their cashflow requirements are due to the seasonal nature of the business, with our funding and support they have expanded operations from Ireland and Europe into Australia and New Zealand.