Spinnaker International Limited

£3m business loan for world leader in cash protection solutions

Spinnaker is the world leader in the manufacture of cash protection solutions. When it needed a business loan, Spinnaker's management team approached us to find the best solution.

Highlights

£3m

unsecured business loan raised from Caple

Challenge

Established in 1985 with its headquarters in Cornwall, Spinnaker is the world leader in the manufacture of cash protection solutions for the tracking, transport and storage of cash, vehicles and ATMs.

Spinnaker was seeking finance to facilitate the repayment of shareholder loan notes and to fund its future growth.

Solution

Preparation

We engaged with Spinnaker’s management team to understand the nature of the business, their specific funding needs and working capital requirements to support growth. We condensed management information into a concise and compelling lender presentation pack.

Financial Modelling

We analysed the modelled cash flow forecasts to determine the right level of funding required. We assessed affordability for the benefit of both Spinnaker and the lender. This underpinned a detailed funding proposal to support the application to Caple.

Relationship Management

To allow Spinnaker’s management team to focus on running the business, we supported and streamlined the application process and led negotiations with the funder.

Results

Through our support, Spinnaker applied for finance to cover its funding needs including working capital requirements. This was achieved through a £3m unsecured business loan from Caple which allowed Spinnaker to continue with its R&D programme to develop new products and to continue with its recruitment plans as part of its overall growth strategy.

Lead Advisor:
Colin Burns
 - 
Director
Read 
Colin Burns
's bio
Support Advisor:
Alexei Garan
 - 
Director
Read 
Alexei Garan
's bio
Support Advisor:
Rick Martignetti
 - 
Manager
Read 
Rick Martignetti
's bio
Optional caption to go here lorem ipsum dolor sit amet.

Business funding

We can advise on equity raising, debt raising and refinancing strategies, as well as negotiating debt facilities across all markets to help fund your business.

Learn moreLearn moreLearn moreLearn more

Related success stories

See all stories
PPA Group Limited

Funding a travel company during the pandemic

PPA Group Limited is widely recognised in the travel environment. When the pandemic struck, its owners approached us to secure funding to cover working capital requirements.

Learn more
Paxport Group Limited

Funding for a travel business during the Pandemic

When a travel business saw declining revenues due to COVID-19, its owners asked us to secure a loan to safeguard jobs.

Learn more