Success Stories

Factoring a Boost To Cash Flow

Factoring a boost to cash flow

An asbestos removal contractor based in the North East looks set to treble its turnover to £1.5m after securing a factoring cash flow solution sourced through Hilton-Baird Financial Solutions.

The business was performing sufficiently well until late 2010 when its director decided his business required an immediate cash flow boost to help take the company that one step further.

The company had worked hard to establish the business at the forefront of asbestos removal and management and was constantly looking to find new ways to evolve. The business found they needed to boost cash flow to deal with extended customer payment terms, coupled with their own bills and overheads.

This is where Hilton-Baird was able to assist. Hilton-Baird acted swiftly and professionally to assess the needs of the business and introduced the client to two invoice finance and factoring providers willing to help.

With Hilton-Baird staying in contact throughout the process, the director made the decision to go with a factoring facility. And with access to working capital previously unavailable, the business has been able to win major contracts for long-term success.

To see how much your business could access through invoice factoring get a quick quote or contact our team of funding consultants on 0800 9774833 or email info@hiltonbaird.co.uk.

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Some of the funders we work with

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

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