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Asset Based Lending

Empowering success through tailored financial solutions

In a competitive business world, having the right financial support can make all the difference. When Kevin Whincup, managing director, needed help to purchase the building the firm is headquartered in, he turned to Evolve Business Finance.

Thick metal cables

At the end of 2023, Cable-Tec was in the position to buy the building that it had been renting as its HQ for the past 40 years. Kevin turned to Evolve Business Finance for a solution which involved a temporary bridging loan to cover the business until a suitable commercial mortgage can be sorted out.

Finance consultant discussing possible finance solutions with client
workmen laying cables on a building site
keyring of keys

What our client said

AStef helped broker a finance deal a number of years ago which helped me enormously, so it made sense to speak to him again when we had the opportunity to buy the Cable-Tec building. The recent bridging loan has meant that our business has thrived in quite a challenging landscape. This certainly wouldn’t have happened without Evolve Business Finance. The team is exceptional – I felt fully supported, even in the toughest of times, and have recommended Evolve many times to both friends and colleagues!

Kevin Whincup, Managing director of Cable-Tec Cables & Controls Ltd

What we thought

ACable-Tec is an interesting business, providing both large, high-profile clients and smaller customers with a brilliant service. When Kevin contacted me last year, I pulled out all the stops to help him. It became clear that only a tailored financing solution would be suitable. By understanding the business’ needs and the unique challenges it faced, we were able to secure a bridging loan to facilitate the purchase of the headquarters. It's so satisfying to see our efforts contribute to Cable-Tec’s success.

Stefan Radymski, Director of Evolve Business Finance

About Cable-Tec Cables and Controls Ltd

Cable-Tec Cables and Controls Ltd designs, manufactures and supplies specialist mechanical control cables to a broad range of industries, including marine, agriculture, construction, motorsports and the UK Ministry of Defence. All Cable-Tec products are universal in nature and are suited for any application that requires a mechanical link between an operator and an output device. Headquartered in Sutton in Ashfield in Nottinghamshire, the business employs 15 people and has been running for over 40 years.
Thick metal cables