Meat Product Manufacturer Strengthens Market Position with Time Finance Support
Introduction to the Deal
Our client, a newly formed meat product manufacturer, emerged following the acquisition and restructuring of a well-established meat goods business. The business historically operated across multiple processing sectors, but a strategic focus on the production of sausages led to the formation of the new company.
With an annual turnover forecast of £12 million, the business supplies fresh and frozen sausages to wholesale, retail, and food service clients, offering 20 distinct flavours. Their transition required significant financial support to stabilise cash flow and meet demand.
What We Did
We stepped in with a £1 million Confidential Invoice Finance (CIF) facility to provide the working capital necessary for the business to succeed post-acquisition. Given the complexities of the company’s transition including supplier negotiations and the need to streamline operations. We tailored our solution to maintain smooth cash flow during the transition. Our facility will support ongoing operational costs, supplier payments and provide the financial headroom to enable growth in the competitive food manufacturing sector.
A key factor in our decision to help support this business was the company’s strong financial performance, as well as being supported by an experienced management team. Other lenders were interested in funding the business but it was our improved pricing and larger facility limit which persuaded the business to partner with us.
Outcome of the Deal
With our support, the business can now move forward with its expansion plans, securing an additional premises to enhance their production efficiency. Our funding has not only enabled the company to scale up operations and meet increasing demand but also strengthened supplier relationships. Positioned for success, the business is set to expand its market presence, supplying high-quality sausage products to a growing customer base. This deal reflects our commitment to delivering tailored funding solutions that drive sustainable growth and long-term success for our clients.
