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.