TML Achieve £150k in Business Loans for Beverages Wholesaler to Invest in Growth.
Caitlin Davis • February 25, 2020
The Client.
A Pembrokeshire-based wholesalers for wine, beer, spirits and other alcoholic beverages approached us in early December 2019 to understand the right financial solution for their business. They were an existing client
with us, having received a business loan
in February of that year for £100,000 to support with new infrastructure
after winning a new contract. They were established in 2007 and have grown considerably since - and now, at the end of 2019, they wanted to elevate their business even further to see out the decade.
The Requirement.
The client required a business loan
to aid their development, a portion of which was to be used for marketing, and the rest to allow the company to expand their team
to help to support their customers in sales, administration and operational areas of the business. They required a quick turnaround
as they operate a seasonal business - December is their busiest time of year, so they applied at the beginning of the month needing a quick delivery.
The Solution.
TML achieved two loans totalling £150,000 to help them grow their operations. They approached us at the beginning of December, and we had delivered a portion of the loan by the end of the month so they could be prepared to upgrade their business in the new year and manage their busiest period, with the rest delivered in January to help continue their expansion.
The Benefit.
Our solution has enabled our client to advance their business
with a quick and perfectly-suited loan agreement, completely tailored to them. They remain an ongoing client
with TML, due to the great relationship
we have managed to cultivate throughout the last year.
Working with us enabled this client to deliver on their services at their busiest time of year, whilst also providing them with the ability to grow
so they can produce even greater results in the future. New jobs, new contracts, a more efficient business
- TML business loans can truly take your business to the next level.
Our loans are completely bespoke to each business - so to understand which solution is best for you, contact
a member of the team today.