Success Stories

Loan secured to pay staff

£200,000 loan secured to pay staff on time

Hilton-Baird Financial Solutions has helped an IT and software consultancy to secure a £200,000 loan.

Due to a delay in funds coming in from an investment round, the company required an urgent cash injection so they could pay staff wages and other bills on time.

Our team’s expertise and knowledge of loan providers’ criteria meant we could efficiently and speedily introduce the right lenders, giving our client the right options and choice to ensure the funds could be accessed in time.

Focusing on their strengths

Based in London and trading for more than 20 years, the business sells software products and associated consultancy services to blue chip organisations within global financial markets.

Unfortunately the delay in the funds arriving from their latest investment round meant they wouldn’t have been able to meet month-end payroll and general creditor deadlines.

We were therefore approached by their financial advisor, who knew our experience as a broker would give them a great chance of securing the right funding in time.

During our initial dialogue, it became clear the business had large losses on the accounts and a negative balance on bank statements, which inevitably hinders the position of any business when it comes to securing a loan as most providers focus on their affordability to repay.

However, our team were able to introduce lenders who were willing and able to look at the strength of our client’s order book, and also consider the value in their stock. By utilising these alongside a Personal Guarantee from the Directors, our client was able to access the right facility for their needs.

Within just four working days, Hilton-Baird had an underwritten offer on the table for our client and they drew the loan on the following day. So in the space of just five working days our client accessed the £200,000 loan they needed at a competitive rate, meaning staff and key invoices could be paid.

To find out how we could add value to your funding search, our team of experts on 0800 9774833 or request a call back.

Some of the funders we work with

  • Regency Factors
  • Ultimate Finance Group
  • Metro Bank SME Finance
  • InvoCap
  • Barclays
  • Woodsford Tradebridge
  • Time Finance
  • 4Syte
  • ABN AMRO Commercial Finance
  • eCapital Commercial Finance
  • Royal Bank of Scotland
  • Cynergy Business Finance
  • MaxCap
  • Davenham Asset Finance
  • Aldermore Invoice Finance
  • Kriya
  • Partnership Invoice Finance
  • Optimum Finance
  • Nationwide Finance
  • Accelerated Payments
  • Peak Cashflow
  • Tradeplus24
  • Santander Corporate & Commercial
  • Skipton Business Finance
  • Close Brothers Invoice Finance
  • PNC Business Credit
  • Leumi ABL
  • Davenham Trade Finance
  • Sonovate
  • Giant
  • Pulse Cashflow Finance
  • Team Factors
  • Praetura Invoice Finance
  • Castlebridge
  • Blazehill Capital
  • Haydock Finance Ltd
  • Merchant Money
  • Berkeley Trade Finance Ltd
  • Investec
  • Roma Finance
  • Clear Factor
  • Lloyds Bank Commercial Finance
  • IGF Invoice Finance

Authorised and regulated by the Financial Conduct Authority (FCA number 730445)
We are a credit broker and not a lender and offer credit facilities from a panel of lenders