News
Leonard Curtis has helped secure a transformative funding package for Forma Care (UK) Ltd, a major supplier of continence care products to the NHS.
This strategic finance deal will enable the Durham-based business to pursue its ongoing growth plans, enhance product offerings, and navigate supply chain challenges.
Forma Care approached Leonard Curtis seeking a funding solution to address its unique financing needs. With an existing relationship spanning six years, Leonard Curtis had previously arranged funding for the company at its inception.
The team’s deep understanding of Forma Care’s operations and trusted partnership with its leadership proved instrumental in crafting a tailored financial strategy.
The firm required a ‘single- debtor’ arrangement without personal guarantees, requiring a bespoke approach to demonstrate ledger performance and future growth potential.
Through a thorough fact-finding process, Leonard Curtis worked closely with funders, including Cynergy Business Finance and Abcor Finance, to secure the funding line. An additional line will follow, ensuring Forma Care has the resources to maintain robust supply chains and invest in new product development.
Wayne Dobson, managing director of Forma Care, said: "Leonard Curtis has been with us since the very start, and the team’s unwavering support has been instrumental to our success.
“This funding package will allow us to continue growing, innovating, and meeting the evolving needs of our customers. The team’s expertise and commitment were evident throughout the process, and I trust their judgement implicitly."
Phil Trueman of Leonard Curtis’ funding division said: “We are proud to work with Forma Care, a supplier of essential products to the NHS, and the package we have helped the business secure puts them on a firm financial footing to continue its business development journey.
“Leonard Curtis has a solid reputation as a trusted partner to businesses seeking flexible and sustainable funding solutions, and this is a great example of our commitment to delivering tailored, innovative solutions for our clients.”
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