ian atkinson investment manager, business loans hull & east yorkshire 07799 – 647549...
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Ian Atkinson
Investment Manager, Business Loans
Hull & East Yorkshire
07799 – 647549
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