18/01/2024
Well done Zach Ballan at Excel-A-Rate and a fantastic start for 2024. A £200,000 re-finance package in Northern Ireland
Manchester Jan 2024 - EBS has successfully re-financed and assisted in the rescue and revival of a once-insolvent business. This remarkable turnaround not only safeguards jobs but also demonstrates EBS’ commitment to the local economy and community well-being.
Amidst challenging economic conditions and already in a CVA the south of Belfast engineering company faced closure, putting the livelihoods of its employees and the economic vitality of the community at risk.
EBS provided a £200,000 funding package to clear existing loans and to provide additional working capital.
Zach Ballan, Sales Director of Excel A Rate stated, “ the core business and contracts were solid, and it was pleasing to support a family concern whilst guaranteeing the future of many individual jobs.” We have a long-established presence in Northern Ireland and have supported many businesses within the community.
Contact Information:
For media inquiries or further information, please contact:
Zach Ballan Manchester Office Excel-A-Rate Business Services Ltd 0161 724 2424
Excel-A-Rate Business Services Ltd was established in 1996 with offices in Manchester and Belfast and is an independent asset finance company offering funding solutions to the SME market in the United Kingdom