Wild Beer exports to 22 countries and specialises in fermentation and barrel ageing to make complex and unusual flavours, along with producing a core canned beer. The company required £460k to invest in a new canning line.
This was not a straightforward credit, however the Quantum underwriting team worked closely in collaboration with sales and the broker, Black and White Asset Finance, visiting Wild Beer to gain a deeper understanding of the business, vision from the management and equipment value.
Once the Quantum team had gained enough information on the business requirements. They worked closely with the broker to find an appropriate solution which involved stage payments over a 4 year term ensuring the business had sufficient cash resources for serviceability along with the security provided by the asset itself.
I took this large deal to Quantum as their decision making is swift and their ability to have flexible payment terms for my customer was beneficial. The team provide a first class and personal service.
Tim Shears, Black and White Asset Finance
