A dynamic new force in the UK meat industry is making waves after securing a £1 million funding injection to fuel ambitious growth plans. Following the strategic acquisition and restructure of an established meat goods business, this revitalised company is focused on becoming a dominant player in the competitive sausage manufacturing market. With strong financials, experienced leadership, and now the working capital to match, this business is primed to scale at pace.
Formed from the acquisition of a long-standing meat producer, the newly launched company has zeroed in on sausage production as its core offering. Operating with a clear product focus, it supplies a wide range of fresh and frozen sausages—offering 20 distinct flavours—to wholesale, retail, and food service customers. The business is forecasting a robust £12 million in annual turnover and needed a funding partner capable of providing the liquidity to stabilise cash flow and meet growing demand.
Recognising both the complexity and potential of the deal, we stepped in with a £1 million Confidential Invoice Finance (CIF) facility. This bespoke funding solution was critical in maintaining operational fluidity through the business’s post-acquisition transition. Our support enabled the company to meet supplier obligations, navigate restructuring hurdles, and confidently pursue its growth strategy. The funding also offers breathing room for further strategic investments while underpinning the company’s day-to-day costs.
Despite interest from other lenders, our enhanced pricing and more generous facility limit made us the preferred partner. Our decision to back the business was underpinned by its strong financial performance and the proven capabilities of its leadership team.
With funding in place, the business has already taken steps to expand, securing additional production premises to increase efficiency. Supplier partnerships have strengthened, and the company is now equipped to meet rising demand while growing its market presence. This deal showcases our ability to structure tailored finance solutions that unlock growth for high-potential businesses.
Time Finance plc (LON:TIME) is an AIM-listed business specialising in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans. Time Finance can fund businesses or arrange funding with their trusted partners through Asset Finance, Invoice Finance, Business Loans, Vehicle Finance or Asset Based Lending.
