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.
Pinemont advanced the working capital requirement.
A successful outcome for the manufacturer enabling him to honour the highly profitable contract and secure recurring business.