"This funding from NatWest is a game-changer for us. It allows us to manage our cash flow more effectively, ensuring timely payments to our suppliers and preventing any disruptions in our supply chain. With this support, we're well-positioned to continue our growth trajectory and explore new market opportunities as well as building on our success in the US."
"By leveraging our trade finance solutions and specialist expertise, we are able to support businesses like Vanquish Fitness who want to take the next step in levelling up their business and achieving growth in new areas."
Vanquish Fitness, a Tottenham-based e-commerce athleisure brand founded in 2014, secured a £1 million trade loan from NatWest guaranteed by UK Export Finance (UKEF). The flexible facility allows staged drawdowns to enable timely payments to international suppliers, protect inventory levels, and reduce risks of delays or shortages. The brand supplies high-quality active streetwear to a global customer base with strong sales in the UK and the US. The company plans to use the funding to invest in product development, strengthen supply chains, and pursue expansion in North America. NatWest positions the deal as part of a wider strategy to boost trade finance and working capital support for SMEs.
Read at Business Matters
Unable to calculate read time
Collection
[
|
...
]