Driving Manufacturing Growth in Bristol Through a Unsecured Business Loan

Published on
October 25, 2024

Manufacturing businesses in Bristol play a vital role in the regional economy. They supply components and finished products to customers across the UK and overseas. Bristol has a strong focus around the aviation industry amongst many others.  

While demand for British manufacturing remains strong, many businesses face challenges when it comes to funding growth. They are continually having to upgrade equipment and manage cash flow during expansion phases. 

This following case study explains how Best Business Loans supported a Bristol based manufacturing company, by securing a small business loan that enabled long term growth and increased production capacity. 

Background of the Business Who Secured a Business Loan 

The client was a well-established manufacturing company based in Bristol specialising in precision engineered components for the aerospace and industrial sectors. The business had been trading for more than a decade and employed over thirty skilled staff at its Bristol facility. Its reputation for quality and reliability had led to a surge in new orders from UK customers. Due to their specialised skill set they had international clients too.  

As demand increased the business identified a need to invest in new CNC machinery. Upgrade to existing production lines and improve efficiency across the factory floor. The directors also wanted to recruit additional skilled operators. It would allow them to meet delivery deadlines and reduce lead times. 

To achieve these objectives the business required a significant manufacturing business loan. They began exploring business loans in Bristol and found Best Business Loans online.  

The Challenge 

The main challenge was securing the right type of business finance without putting excessive pressure on cash flow. The funding requirement exceeded five hundred thousand pounds and was primarily for capital expenditure rather than short-term working capital. 

High street banks requested extensive security and lengthy approval processes. This would have delayed equipment purchases and cash flow funding further. The directors wanted a business loan broker who understood the manufacturing industry. We could source commercial loans structured around asset values and projected revenue growth. Hence why the directors chose to work with Best Business Loans.  

After researching business loans in the UK. They found us online as we have helped hundreds of manufacturing companies to secure a business loan.  

The Funding Solution 

Best Business Loans conducted a detailed consultation with the directors. This was because we needed to understand production, capacity, asset values, order pipelines and growth plans. This insight allowed the brokerage to identify specialist lenders offering manufacturing focused business loans in Bristol. 

Rather than recommending a single generic loan, Best Business Loans structured a blended finance solution. This included asset finance for new machinery, combined with a fixed term business loan to support installation costs and training. The short-term working capital allowed the business to complete this.  

By leveraging our panel of UK business lenders, Best Business Loans negotiated competitive interest rates and flexible repayment terms. This aligned with the company projected increase in turnover. Importantly the funding structure allowed the business to preserve cash flow during the initial investment phase. 

The application process was managed entirely by ourselves at Best Business Loans. Reducing the administrative burden on the directors and therefore saving time and money.  

The Outcome 

Funding was approved and released within 2 weeks, allowing the Bristol manufacturing business to proceed with equipment purchases without delay. New machinery was installed and operational within three months leading to a significant increase in production capacity. 

As a result, the business increased turnover by over 18 percent, reduced lead times and improved overall efficiency. The company secured additional long-term contracts and expanded its workforce creating new skilled jobs in Bristol. 

Revenue and profitability both increased as fixed costs were spread across higher production volumes. The directors described the funding as transformational and credited Best Business Loans with sourcing the right manufacturing business loan to support sustainable growth. 

Industry Insight 

Manufacturing businesses searching for business loans in Bristol often need specialist advice and tailored finance solutions. This case study demonstrates the value of working with an experienced business loan broker who understands manufacturing operations and capital investment. 

Best Business Loans continues to support manufacturers across Bristol and the UK with business finance solutions designed to drive productivity and long term success. 

Hopefully you have found this a useful read and feel free to reach out to us here at Best Business Loans. We can source cash flow funding for all industries across the UK.  

Contact us today for any business finance requirements

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