NATURE OF BUSINESS
Early Years Educational Foundation
FUNDING REQUIREMENT
Short timescale cash injection
TOTAL AMOUNT
Undisclosed
LENDER
Undisclosed
PRODUCT
Undisclosed
Naturally Learning are a nursery school that offer a holistic and sensory learning experience for pre-school children. Based in Cornwall, there are currently 5 nurseries with an Outstanding OFSTED accreditation and, together with other awards, are providing a highly sought after early years educational foundation.
Easing a cashflow blockage
Owned by Mandy Richardson, she approached Number Eight to ask for advice and guidance that was needed to assist with an impending cash flow emergency. With Christmas and the New Year break looming and over 100 staff salaries to paid at the beginning of January, a cash injection was critical to the ongoing trading performance of the business.
Number Eight were quick to identify the issue and following an initial meeting and due diligence, were able to present an offer from one of their panel of secured lenders. The lender was quick to support and Naturally Learning received the cash within the short timescales.
Mandy was hugely relieved and said:
“I identified a huge critical deficit in the company finances, but I was fortunate to have the support of Number Eight Business Finance. Their knowledge and experience helped me to forecast my financial concerns. The team at Number Eight all worked tirelessly to help the business through this difficult phase of growth.”
Number Eight Business Finance is a specialist advisory-led intermediary organisation that is focused on providing advice to businesses that are either considering finance or believe that their exiting facilities are not suitable or competitive. We believe that the majority of business owners need help following the demise of the high street banks and this has been proven in this case and many other case studies.