This client was experiencing cashflow difficulty. Following our review, we sourced a refinance of 12 different machine assets. A single loan was provided via Sale and Leaseback HP of £200k. Existing facilities of £87k were settled resulting in a cash release of £113k. Monthly repayments remained at
the same level.
Independent Gym Operator
Client is a small, independent operator of gyms with sites across the UK. £58,000 revolving credit facility taken by the Director for a combination of