Bridging the cash flow gap with innovative funding
There are many reasons why customers take longer to pay. When this happens, many businesses find they need funding in place to allow them to bridge the cash flow gap.
Our client, like many other businesses, found that waiting for payment was putting a huge strain on the company’s cash flow. But at Hilton-Baird we were able to quickly understand the needs of the business and source the ideal solution to help.
After getting to know the business and its requirements we informed the client of the solutions available and introduced the business to the two funders that best suited the company’s needs.
After assessing his options the client opted for a confidential factoring facility. And now, with a £75,000 funding facility in place, the construction company has money available to pay suppliers and general business overheads well in advance of getting paid by customers.
For more information about how Hilton-Baird Financial Solutions could help your business, contact our team on 0800 9774833 or email info@hiltonbaird.co.uk.
