Transactions
Recent transaction experience – Billing Finance
- In March 2018, Asgard Partners advised Billing Finance in securing an additional participant in its existing committed senior debt facility (which Asgard Partners arranged in September 2014)
- Based near Northampton, Billing Finance is an award-winning, independent provider of near-prime finance for cars, motorbikes and vans
- The purpose of this significant increase in funding was to support Billing Finance’s strong growth in the short term whilst positioning it for the next stage in its longer-term development
- Our role included identifying the optimum funder, structuring the facility and assisting in negotiating the terms through to closing
“Billing Finance has grown considerably over the last couple of years. At the beginning of 2017, we needed to start looking for additional funding lines so that we could achieve our growth ambitions. Asgard Partners introduced us to a range of suitable candidates and led us expertly through to completion. The journey was not always straightforward. However, Asgard Partners guided us carefully through the process and we are very happy with the outcome.”
Oliver Mackaness, Managing Director, Billing FinancePlease click here for the press release