Working Capital Funding
Background
Pinemont was approached by a manufacturing company who had an immediate short term capital requirement of €750,000 to purchase raw materials for a highly profitable contract. The existing lender was unwilling to provide short term funding. The borrower had sold external property and was awaiting release of funds to provide the working capital but was experiencing a delay.
Result
Pinemont advanced the working capital requirement. A successful outcome for the manufacturer enabling him to honour the highly profitable contract and secure recurring business.
Case Studies
Commercial Bridging Loans – We Deliver
Pinemont Finance Limited was founded in 2015 by our CEO Niall McHugh and COO Enda Bannon. Since then, we have successfully provided funds for numerous transactions over the years. Pinemont is a financial solutions provider and provides short term secured funding to businesses in Ireland and the UK at very short notice.