Sale & Lease Back
A customer I work with needed cash to assist with relocating their warehouse and office. Their last filed accounts showed losses for various reasons.
They are owned by a US parent so we could not look at taking security via Directors Guarantees.
Rent back your assets
They owned several unencumbered vehicles, we arranged a £50,000 facility secured on one of them.
This gave them the cash they needed to finish the work at a competitive rate as the lender had good security.
Benefits
They kept their bank lines free for other essential business operations, and still retain use of the vehicle.