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The right tool for the job

How we helped a manufacturer of tools.

Insulated Tools

Insulated Tools is a manufacturer of high quality live wire protection tools which have a global reputation to survive even the most extreme working conditions. Their products are shipped across the world.

Understanding their finance requirements allowed us to create a bespoke invoice finance and commercial mortgage package to meet business needs.

From local manufacturer to global provider

Insulated Tools Ltd moved into its next generation of development with a management buyout when the original owners wanted to take retirement. The new management team of Mark Wardle and Allan Challinor needed a specialist funding package to help them secure the business and continue its global expansion. 

Seeking out a financing facility

Insulated Tools Ltd moved into its next generation of development with a management buyout when the original owners wanted to take retirement. The new management team of Mark Wardle and Allan Challinor needed a specialist funding package to help them secure the business and continue its global expansion. 

They needed a commercial mortgage and an invoice finance facility to acquire the business and had approached a number of high street banks for the funding however they failed to see the opportunity to fund its continued growth and global expansion, despite Insulated Tools heritage and track record for steady and trackable growth.

“In order for us to acquire the business it was crucial that we were able to secure a tailored and considered funding package. Aldermore had the imagination and product suite necessary to develop a creative financing proposition that met our aspirations for the business going forward." 

 Mark Wardle, Director, Insulated Tools

See what our Bank can do for you…

If you would like to find out more about how Aldermore could help you achieve your business dreams you can read more about how we have helped companies just like Steve’s by visiting www.aldermore.co.uk/invoicefinance or you can speak to one of the team directly by calling 0800 721040

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  • Finance
  • Business
  • Invoice Finance
  • SME
  • Case Study

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