Client is a leading cold chain logistics company that operates the largest cold storage facility in Singapore.
Challenges
The client recorded a steady revenue growth with the growing demand of cold storage facilities. However, due to a considerable amount of debt maturing at year end, the client requires significant working capital injection.
Actions & Solutions
Client engaged CCR Finance to raise capital through debt and equity financing for the expansion of its warehousing capacity to accommodate the increase in cold storage enquiries.
A business investment proposal was crafted to achieve the following:
Restructure its existing credit facilities with its main banker for incremental funding as well as improved terms and conditions
Connect with potential investors for the acquisition of a major stake in the company to diversify and increase source of funding
Revaluate the company’s cost and profitability structure to reduce its cost base