Enabling business expansion
Expansion is something that many UK businesses strive for but unfortunately many companies lack the appropriate funding to support their growth.
Our client had this very problem, but with our help they were able to secure a flexible funding facility that could grow with their business and allow them to achieve their goal.
Already established in the logistics and supply chain management sectors, the company was keen to expand into haulage and pallet distribution and needed appropriate funding to support this.
With expertise across the commercial finance market and specialist knowledge of the invoice finance sector, we were able to introduce our client to two funders who were ideally placed to offer the best facility for their needs. After weighing up the different options available to them the client opted for a £50,000 factoring facility with the funder that they felt had a better understanding of their business.
Having this facility in place has provided the business with the cash flow needed to expand the business and increase their turnover.