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

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

© Hilton-Baird Financial Solutions Limited
Registered in England and Wales. Company Registration Number: 03832884. Registered Office: 110 Cannon Street, London, EC4N 6EU
VAT Number: GB 182 5699 66. ICO Number: Z7220067

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

We work with a panel of commercial finance providers and are typically remunerated by way of commission. The structure and amount of commission we receive varies between products and based on the facility. Further details are available on request.