Review work in progress for increased financing request
Groenendijk - Kwaasteniet (now called 'Constructif') is a maintenance and renovation company in Dordrecht, mainly active in the Rotterdam region. As a result of excessive growth and several large orders, there had been a sharp increase in the need for working capital financing. The bank was willing to finance this, however stipulated that the current projects, including the internal management processes, would be externally validated. Beaufort examined the projects in progress within a week and wrote an advice on internal control. Based on our findings the bank decided to provide the requested financing.
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