A Leeds-based wholesaler of end of line retail goods, working alongside the likes of Matalan and Primark.
‘I would like to say the following - I have been very impressed with GapCap! The manner in which you have conducted your business has been excellent. Your service and execution of funding, truly magnificent and we look forward to a long and lasting business relationship.’
Bobby CEO of our client
This client initially struggled to gain a financial solution due to the newly established nature of the business. They required a finance facility which would allow their cashflow to be released upfront, giving them both the funds and the confidence to pitch for new business and expand their growth.
This transaction was introduced to GapCap via our broker network. Whilst the company was a newly established business, due to GapCap taking the risk on the end debtor through their credit insurance process, this did little to impart our judgement on the security of the transaction. GapCap were able to gain a credit limit on the client’s end debtor and from there, after visiting the client and the warehouses, were in a position to transact.
Since the transaction, the client has travelled to the Far East to further develop his business, with the confidence of being able to utilise their new partner; GapCap, on future deals. We look forward to building a successful relationship in the future, and providing the necessary tools for growth.