Success Stories

A helping hand for an emerging business

A helping hand for an emerging business

When embarking on a new business venture, the success of a company’s first year is important, generally setting the record for the future.

It may also be the hardest year, as younger businesses don’t always have the flexibility offered by cash reserves and expected income, so ensuring they are able to react to take on new orders without hitch will bolster success. 

Our client, a new business which imports and exports equipment and parts for the oil, gas, mining and construction sectors, was concerned about the cash flow implications of having to offer credit terms to customers.

While being able to do so would improve the company’s ability to take on new work, speeding up success and benefiting the business in the long term, the business couldn’t afford to wait weeks – even months – for payment, so began looking for a working capital solution.

Following an unsuccessful initial search, our client recognised it was time to speak to the experts.

After finding Hilton-Baird Financial Solutions during an internet search and deciding to speak with our in-house team of financial experts, we were able to understand the acute needs of the business and gather information on the best available facility, fit for our client’s purpose.

After reviewing the suitability of the different funders on the market, we were able to carefully select appropriate funders who could also react quickly to assist our client.

Soon after initial contact, Hilton-Baird Financial solutions introduced an export factoring facility with added bad debt protection from two appropriate funders. After careful consideration, our client agreed to the facility they believed was best suited to their specific requirements.

Delighted with the progress made in such a short space of time, our client said: “Hilton-Baird understood the business and the challenges faced with the customers we work with. They were able to introduce two funders who could deliver on requirements successfully, both meeting our desired needs, as they were comfortable with the industry and the territories we work with.”

If you, like our client in this success story, are thinking about setting up a successful business – but are worried about cash flow in the first year – our team can help. Call us on 0800 9774833 or email info@hiltonbaird.co.uk.

Some of the funders we work with

  • Regency Factors
  • Metro Bank SME Finance
  • Catalyst Finance
  • Shawbrook Business Credit
  • Royal Bank of Scotland
  • Outsauce
  • Working Capital Partners
  • Ultimate Finance Group
  • Leumi ABL
  • Everline
  • Lloyds Bank Commercial Finance
  • Assetz Capital
  • Positive Cashflow Finance
  • PNC Business Credit
  • Davenham Asset Finance
  • Platform Black
  • Market Invoice
  • Bibby Financial Services
  • Partnership Invoice Finance
  • Santander Corporate & Commercial
  • Trade Finance Partners
  • Innovation Finance
  • Creative Capital
  • Calverton Finance
  • Team Factors
  • Asset Advantage
  • ABN AMRO Commercial Finance
  • iwoca
  • Roma Finance
  • IGF Invoice Finance
  • Secure Trust Bank
  • Investec
  • Pulse Cashflow Finance
  • 1pm
  • InvoCap
  • Henry Howard Cashflow Finance
  • Davenham Trade Finance
  • Nucleus Commercial Finance
  • Barclays
  • GapCap Cashflow Finance
  • Woodsford Tradebridge
  • Skipton Business Finance
  • Aldermore Invoice Finance
  • Close Brothers Invoice Finance
  • Spotcap

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

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