Gambling

Asset-Backed

Lending

  • Who

    City Slots

  • What

    Adult Gaming

  • Where

    South East UK

  • When

    April 2015

About City Slots

City Slots is a London-based Adult Gaming Company, who have for the last three years worked with Celeres as their finance partner whilst growing their estate across Fulham, Clapham, Camden, Chatham, Bromley, Kilburn, Ilford and Walthamstow.

We offered them a versatile asset-backed lending facility to liberate the cash held within the company's slot machines. Thereby, giving the management team access to substantial sums of working capital which helped them to grow rapidly while better managing their cash flows.

In an ever hard financing market, we identified flexible payment options and worked with City Slots to achieve maximum growth over the last three years.