This was the case for a family-run dairy business based in Devon. It had been owned by the same family for three generations, but they now wanted to expand and modernise.
To do this, they needed to consolidate their invoice facility and expensive unsecured business loans in order to improve their cash flow and free up money.
They were put in touch with the Commercial Expert team by an insolvency practitioner who was unable to help them.
Fortunately, we were able to help them get a secured business loan against the home of one of the company directors so that they had the money they needed.
This allowed them to successfully expand into other foods, utilising other local produce. They also have a fantastic new website and delivery service.
Just another example of how the Commercial Expert team uses their knowledge and expertise to help businesses grow.