How GapCap helped Fortoak Rolls to build a healthy global supply chain for their international business expansion.
What Do Fortoak Do?
Fortoak Rolls are market leaders in the supply and delivery of labels, till rolls and speciality raw materials. With over 40 years in the industry, their foundations are built on excellent quality and professional service. With a warehouse in the heart of the UK, they offer an extensive range of superior quality products.
With an aim to expand Fortoak Rolls internationally, Alex Vergopolous and his team wanted to build up their supply chain to expand the business internationally. However, awaiting long payments meant that they were restricted in keeping up their working capital whilst paying their suppliers on time.
GapCap were able to support Fortoak Rolls in extending their payment terms whilst paying their suppliers on time. This meant that Fortoak were able to keep up good buyer-supplier relationships, growing their supply chain on a global scale. Our Supplier Finance facility gave Alex the chance to pay his suppliers whilst maintaining his working capital. GapCap took away any previous cashflow restrictions in order to help Fortoak with their international business growth.
GapCap are an extremely professional finance house who have helped us position ourselves to grow exponentially. We look forward to developing this partnership over the years!