Pure Property Finance has secured a £12.1 million funding package for a waste management business, helping the company transition to a more flexible banking relationship to support its long-term growth ambitions.
The facility was structured across invoice finance, a substantial commercial term loan and an overdraft, giving the Gloucestershire-based business the headroom and flexibility required to operate and expand within a capital-intensive industry.
The Cardiff-based finance firm said the funding was driven by the client’s need to secure a lender that better understood the operational demands of the waste management sector, where cash flow, asset investment and ongoing infrastructure costs must be carefully balanced.
Pure Property Finance researched the market to create a targeted shortlist of banks aligned with the business’s objectives.
The team then worked closely with the company’s Managing Director and Finance Director to present the opportunity directly to bank credit teams, helping to secure approval before supporting the business through the transition and refinance process.
Tom Rowlands, Managing Director of Pure Property Finance said:
“Facilities of this size, particularly for capital-intensive businesses like those in waste management, are not easy to secure. Lenders need to be comfortable not just with the numbers, but with how the business operates day-to-day and where it’s heading.
“This wasn’t about finding funding at any cost, it was about building the right banking relationship. By taking a whole-of-market approach and structuring the facility carefully across invoice finance, term lending and overdraft, we were able to put something in place that genuinely supports the business’s growth ambitions.
“Working closely with the MD and FD was key. Presenting the story properly to credit teams makes all the difference at this level, and we’re proud to have supported the business through every stage of what can be a complex and demanding process.”
