Ian Atkinson

Investment Manager, Business Loans

Hull & East Yorkshire

07799 – 647549

iana@finance-yorkshire.com

Case Study – Office Business Systems, Willerby

• Long established, profitable

• Supply & service of photocopiers

• Issue: Highly geared structure following MBO end 2009

• Project: Up-skill engineers; new CRM; Acquisition; Headroom

• Funding: Bank Invoice Finance package for core working capital

• FY: 3 loans staged over 12 months totalling £130k

• Result: Accelerated growth project; Increase T/O + Profit; New

employees

Case Study – Food & Medical Equipment, Hessle

• Long established, profitable

• Company structure: Food & Medical

• Issue: Withdrawal of Bank IF facility + restriction on new ID line

• Project: Develop & market new surgery table product + headroom

working capital

• Funding: new IF facility for w/c but restricted due to sector/export

• FY: Short term loan £75k

• Result: New product completed and £100k order already received

Case Study – Security Systems, Hull

• Long established, profitable

• Supply & maintenance of alarm & security systems

• Issue: Expansion w/c over & above Bank acquisition finance

• Project: HO expansion + growth through acquisition = £1m over 12

months

• Funding: Bank part-funded with term loans + Company investment

• FY: £150k short term loan

• Result: progressed acquisitions + already expanding HO functions

Ian Atkinson

Investment Manager, Business Loans

Hull & East Yorkshire

07799 – 647549

iana@finance-yorkshire.com