Time Finance Supports Family-Run Business Through Successful Restructure
Facility Type: Multi-Product Facility
Region: South Wales
Facility Value: £1,240,000
Introduction to the deal
Our client is a long established, family run aggregates and topsoil supplier based in South Wales. With over 15 years of trading history, the business has built a loyal customer base across South Wales and the South West, supplying materials to developers, the construction sector, and private customers.
Following a period of financial pressure caused by historic debt and external challenges, the business required a full restructure to protect jobs, preserve customer relationships, and provide a stable platform for future trading. As part of this process, a new entity was created to acquire the trade and assets of the original business and move forward on a more sustainable footing.
What We Did
Working closely with the business, its advisers, and insolvency practitioners, we delivered a £1,240,000 Multi Product funding solution. This included a £400,000 Invoice Finance facility to support day-to-day cash flow, a £150,000 Secured Loan to assist with buying back assets, and £690,000 in Asset Finance which refinanced 25 existing plant, equipment, and vehicles.
The refinance facility allowed the business to retain full use of its core assets while releasing cash to support the restructure and ongoing trading. The secured loan was a property-backed facility, structured with interest only payments for the first six months to ease short-term cash flow pressures while the business stabilised.
Outcome of the Deal
Our funding enabled the business to complete a successful restructure, allowing it to continue trading, protect local jobs, and maintain strong relationships with customers and suppliers. The combination of Invoice Finance, Asset Refinance, and a Secured Loan released more capital than Invoice Finance alone, giving the business vital breathing space to stabilise and rebuild.
By utilising our Multi-Product funding solution, we supported the business through a critical transition and positioned it for long term recovery and growth.
