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Case Study MW Beer & Co. Vegetable and Fat Trader & Shipper
Case Study
MW Beer & Co.Vegetable and Fat Trader & Shipper
MW BEER & CO.
TFG helped secure a £1.3m structured line of credit
for an Essex based Vegetable and Fat Trader & Shipper, which has been trading for
38 years.
Key Facts
TurnoverMulti-million GBP
Funding Amount Requested£1.3m GBP
ItemEdible Oil and Fat
Finance SolutionsTrade Finance Line ✉Receivables Finance Line ⥯
What Happened?MW Beer & Co was provided with a supplier finance facility (trade facility) to leverage cash flow and finance shipments directly to its customers, giving the funder the opportunity to assist with growth and work with multiple suppliers.
The facility is an increased trading line and sits in addition to MW Beer & Co’s facility with a large high street bank. ◼
Trade Finance Global“Supporting a family-run business with a strong business model and credible trading facility was key and allowing them to strengthen relationships with suppliers, should allow the company to scale with this new line of business”.
Mark Abrams
Head of Trade Finance, TFG
MW Beer & Co“[The Funder] has enabled us to increase our trade finance in areas where our regular bank line could not.”
Martin Beer
CEO, MW Beer & Co
