Axiom-e secures £0.5m of equity finance for client
Axiom-e, the well-established Cambridge-based strategic financial management consultancy, has recently secured £551,000 of equity finance for a social enterprise client.
Managing Director Ken Dickson noted "In the current economic climate, many organisations are finding it difficult to access reasonably priced commercial funding. This is particularly the case with social enterprises as the social finance market is still developing. Our client has used its new equity finance to pay down a significant level of debt, thereby improving its balance sheet and setting itself up for sustainable growth at a lower cost."
Ken added "The funding has been provided by existing shareholders as well as some new ones, which indicates the confidence that they have in our client."
Axiom-e specialises in business planning and fund-raising for its clients which include commercial organisations, social enterprises and charities. Over the years it has secured a variety of amounts and types of finance raising from £20,000 of asset-backed finance to £4m of venture capital.
To benefit from Axiom-e's service, please call Ken Dickson on 01223 839579 or email firstname.lastname@example.org
Axiom-e is an independent strategic financial management consultancy which provides business advice focussed on strategic, financial, accounting, administrative and general management issues. We work as part-time finance director and/or company secretary for our growing portfolio of clients which includes commercial organisations, social enterprises and charities.