Supporting an events company to keep entertaining

The events industry is a sector that many lenders shy away from, making it difficult for companies to find the finance solutions they need to grow. When one of our trusted brokers brought us a funding request from a thriving events company, they had already been turned down by other lenders, not because of their financials but simply because of the sector they operate in.

Specialising in providing cash machines for outside events, including festivals and parties, it was an uncommon business type. However, as we are a lender that's non-sector specific, and willing to consider soft and tricky assets, they had come to the right place.

We were able to give them the £75,000 they were looking for, over a 60-month term.