Client:
A Spain-based manufacturer of bio-diesel fuel. This innovative company takes recycled vegetable oil and converts it to clean-burning bio-diesel which is used as an additive in refined products throughout Europe.
Situation:
The Company’s recent expansion of its plant capacity to meet growing customer demand resulted in cash flow constraints.
Churchbridge Solution:
€4.0 million in supplier credit and factoring facilities enhanced the Company’s cash flow by providing extended payment terms to vendors and access to working capital to support its growth strategy.
