BTG secures asset-based lending facility to support growth plans

The Challenge

A private hire, taxi and courier business required capital management advice to support accelerated expansion plans. The business needed substantial asset-based lending facility to fund investment in profitable growth opportunities but required a lender understanding the fast-moving nature of the private hire and courier sector. The shareholders sought a flexible lending solution that could scale alongside business growth.

Our Approach

We were instructed to arrange a substantial asset-based lending facility meeting both business and shareholder requirements. Our specialist team assessed the company's funding needs before leveraging our extensive relationships within the asset-based lending market to identify a lender with appropriate sector appetite and deployment capability.

The Outcome

We successfully secured an appropriate asset-based lending facility structured to support fleet investment, working capital requirements, and expansion financing. This not only met the company’s current funding needs but ensured the lending arrangement provided flexibility for continued growth in the future.