Small Financial Institution
Our client, a small financial institution, approached us on 23 December with an urgent requirement for a short term loan to enable it to meet its potential client demands over the Christmas trading period.
Despite the season ReSolve was able to arrange a facility in less than 24 hours, and agreed a new facility with the client at lunchtime on 24 December.
The client was therefore able to manage its client commitments over the Christmas period and repay the loan within one month.