BCF were pleased to provide a loan to a business operator in the logistics sector who required working capital.” to “This loan involved an SME operating in the logistics sector who required working capital.
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The borrower was unable to obtain from a pillar bank due to poor credit ratings as a result of difficulties experienced during the Global Financial Crisis.
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We were able to get comfortable with the use of the working capital funding, and paired with security on offer, were able to get this much needed funding released to the borrower.