Multi Tranche Commercial Facility Completed with Manchester Based Borrower

Quay Financial Group has successfully completed a multi tranche commercial lending facility with a Manchester based borrower following an extensive period of negotiations, due diligence and financial review.

This bespoke facility has been structured to support the weekly acquisition and fulfilment of high-volume cyclical case work, providing the flexibility to access funding in line with operational demand and ongoing growth requirements.

Under the terms of the agreement, the borrower can draw down up to £3 million during each six-month cycle, with funds made available on a weekly basis. The facility has been arranged over a term of two and a half years, providing long term funding certainty and the ability to scale activity as required.

Across the full term, the facility provides access to funding of up to £15 million, supporting the borrower’s continued expansion and enabling the efficient delivery of its growing workload.

The completion of this transaction highlights Quay Financial Group’s continued focus on delivering flexible commercial finance solutions tailored to the needs of ambitious, growing businesses.