Independent Growth Finance (IGF) closed funding on a $6,250,000 facility to a leading global producer of toys and gifts which will support their plans for expansion in the coming years. The facility consists of a $5,500,000 Accounts Receivable component and a $700,000 unsecured strip.
IGF provides senior secured facilities which include of up to $25m to UK mid-market firms. Facilities are normally based on AR and may also include inventory, machinery and equipment, real property and an unsecured strip.