Client
The client is a manufacturer of various types of batteries, based in Toronto, Canada.
Scenario
The client is seeking a year one Credit line of $3 million (~up to $5m year two with expansion],with the funds drawn down based on the payment schedules to their suppliers compared to their receivables from their clients/retailers.
Solution
Wealthbullet arranged a funding of Euro 5 million in the form of revolving debt for trade finance.
EUR
5 Million
Country
Canada
Sector
Energy
Sub-sector
Batteries
Deal Type
Trade Finance
Structure
Debt
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