Expertise Shortfall

PROBLEM:

A leading pyrotechnics manufacturing firm was struggling to get to grips with how to manage and optimise its retail growth when it turned to Essendon to help with a short-term financing fix.

SOLUTION:

  • Provided a £200,000 bridging loan facility.
  • Introduced the business to a trusted and highly experienced partner who is now working with the firm to manage its accounting function and deliver meaningful management information – keeping the team on the straight and narrow, and helping them to focus on what’s important within the business.
  • Shared our strategic business thinking and advice with the team to help them develop a comprehensive and cohesive European retail distribution strategy.

OUTCOME:

With the company stabilised and the bridging loan repaid, the company’s future is bright and negotiations are progressing as it pursues several retail distribution opportunities.

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