£30k Scaffolding Deal
Deal placed with Bibby Financial Services
Established scaffolding contractor trading 17 years needed additional scaffolding to help service pipeline of work. The business did make a loss in 2020 but latest management figures show a turnaround back to profitability, balance sheet remains strong, directors have clean credit searches and are homeowners. The deal was accepted on 3+33 profile with DG’s from both directors at our scaffolding rate net 14%.
Documents were emailed for signing and once the originals were received and the client confirmed they had received all the goods on site and was happy for payment to be release both the broker and supplier were paid by same day transfer.
Partner Commission £3,000