Debt Advice to Scotts of Stow

 
Scotts_Stow.png

TRANSACTION TYPE
Debt Advisory

VALUE
N/A

SECTOR
E-commerce

WEBSITE
scottsofstow.co.uk

 

Argyll Debt Advisory acted for Scotts of Stow in raising debt facilities to support the future growth of its brands. Argyll assisted with negotiations throughout to achieve a successful outcome.

Scotts of Stow

  • flagship brand of the mail order company Scotts & Co selling homewares, kitchenwear, bedding and garden

Deal highlights

  • recommended and advised on debt structures and introduced potential partners

  • led the negotiations with Scotts' new lender to minimise the call on management's time

Andy Walsham, Finance Director, commented:

"Scotts has a new banking relationship with a bank that wouldn't have been on our radar without Argyll's help. Alistair's understanding of our requirements helped us get to the appropriate partner and he moved on to guide us through the commercial negotiations, the documentation and the legal process to a successful outcome."