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.