Resolve capital enables client refinancing - Capital site

Resolve capital enables client refinancing

Capital site

Resolve capital enables client refinancing

Our client, which operates in the TV and Film camera hire and post production sector, turned over circa £6 million per annum.

Though their business was growing they faced the challenge of raising additional working capital to meet increasing demand, which was putting significant pressure on cash flow.

ReSolve undertook accelerated due diligence and made an offer to provide a term loan refinance facility and the necessary additional working capital facilities within the timeframes needed. The transaction completed seven days later, delivering a positive outcome in a tight timeframe.

Client Managing Director said:

“ReSolve immediately understood our business and the issues we faced and then worked tirelessly to ensure the transaction completed quickly so we can now focus on our clients growing needs.”

“We recognise that this is an exciting time for a company that is at the forefront of technology when it comes to cameras and post production services. The executive team shares our passion for customer service and for being best in class. In 2017 we continue to support them in helping them achieve their objectives, working with the management team with renewed focus on their post production capability.”

Cameron Gunn, Senior Partner, ReSolve