Fastenex (Industrial Fasteners) Limited is a leading UK based Group specialising in the production of high-performance precision fasteners, turned components and the distribution and supply of industrial fasteners. The group were proactively looking for a flexible finance solution to unlock extra working capital to support their future order book. Cynergy Business Finance worked closely with the Fastenex Group to design a £2m tailored Asset Based Lending facility, aligned with their working capital requirements, enabling the Group to fulfil future orders and drive continued growth.