Andy
Refinancing
Significant Debt During COVID
Low Cashflow
Needs More Trucks to Meet Demand
Find out how we helped Andy
Our Solution
Unsecured Loan and Finance
Andy had thought about getting a business loan or doing some type of refinancing but wasn’t sure what the best route was or which lenders to go to. He had heard about business loan and refinancing services and engaged us to see what we could recommend.
After assessing the business situation, we suggested that he take out an unsecured loan to relieve tight cashflow. We also recommended finance arrangements to buy new trucks.
Positive Outcome
Andy Finds Stability
Debt Was Paid Off
The loan enabled immediate payment of overdue debts with manageable repayments.
New Trucks Were Purchased
Andy was able to buy two new waste trucks and start taking on more work.
The Pressure Eased
Thanks to his proactivity, Andy felt relief and able to focus on the business again.