TP24's £250,000 Credit Facility Supports Microscope Industry's Expansion

Location: East of England

Industry: Microscope Wholesaler

Revolving Credit Facility: £250,000

Our client

Our client is a leading wholesale supplier of microscopic devices in the UK.

The challenge

Our client has successfully secured a significant number of new orders from prestigious universities and hospitals throughout the UK. This surge in demand necessitates the purchase of additional stock, which in turn places increased pressure on their cash flow. To manage this growth effectively, they must ensure they have sufficient financial resources to meet the rising demand while maintaining smooth operations.

The solution

By providing a Revolving Credit Facility (RCF), our client can confidently sustain their growth trajectory. This financial arrangement allows them to draw down funds on a flexible basis, ensuring they have the necessary resources to support their operations during busy periods.