đź’Ą Ernest Partners is happy to announce that we successfully assisted Vlassenroot Group in extending its working capital finance.
Vlassenroot Group reached out to Ernest Partners specialists to optimize and extend their use of working capital in the highly volatile price setting and supply of high strength steel 🔩
After having reviewed and discussed several options to finance the inventory and receivables of Vlassenroot Group, finally the choice has been made to develop and extended working capital financing with its main supplier SSAB Sweden đź”—
The final financing structure has been enabled by ING Belgium, Belfius Bank acting as guarantor and SEB acting as discounting bank.
🤝 We would like to thank all parties involved for their contribution to this tailormade solution, showcasing entrepreneurship and teamwork from Vlassenroot Group and SSAB on getting this structure in place.
Jean-Charles Wibo – Koen Lambert – Nicolas Wibo
ING: Valery Van Liefferinge
Belfius: Caroline Taelemans
Please don’t hesitate to contact us if you wish more information on the above or on how Ernest Partners can help to get your working capital being optimized.
