Raising Funds Via Overdraft
Our client operated a manufacturing business which was growing and needed an increase in their overdraft facility to fund working capital.
Working to a very tight deadline, Red Dot prepared detailed projections to show that the business w as able to fund the increased overdraft.
We also were able to promptly supply up to date Accounts to the Bank as these had already been completed well in advance.
The result was that the bank agreed to lend the money to our client.