A food distributor required a trade, inventory and invoice finance facility for their existing company and a new entity.

The group purchased products from Eastern Europe, India, and Canada, then sold into Europe. 

When they approached TFG, they had exhausted their own banking options.

TFG raised a trade, inventory, and invoice finance facility. Once the structure was in place, the bank provided confidence that they would look to increase up to €100 million; this was subject to the company’s base equity increasing.