Refinancing for John Langford

Gentlemen's branded clothing business John Langford has been refinanced via a £3 million asset-based lending package.

The deal, handled by Venture Structured Finance, comprised an invoice discounting facility and stock loans.

Langford designs, manufactures and distributes clothing and wedding attire. It has held a licence to produce Pierre Cardin shirts for the past twenty years, and has agreements to sell a number of other brand names.

Hilco UK, a retail valuation company, provided a stock valuation and audit of Langford.

Marc Barber

Marc Barber

Marc was editor of GrowthBusiness from 2006 to 2010. He specialised in writing about entrepreneurs, private equity and venture capital, mid-market M&A, small caps and high-growth businesses.

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