Flexible funding for businesses
Our client, an IT and telecom service provider, has managed to overcome the challenges posed by the recession and experienced rapid expansion throughout the last two years.
Having opened a new office and taken on new staff, the managing director decided the business required a flexible funding solution in order to continue growing his business.
The company had worked very hard to expand and gain new contracts and, as their client base was increasing, they needed a new form of financing to keep up.
That was when the managing director contacted Hilton-Baird Financial Solutions, the UK’s leading independent commercial finance broker, for help in searching for the ideal funding solution. With access to over 70 UK funders, Hilton-Baird has 13 years of experience in sourcing the right finance for businesses.
After listening to the client’s specific funding requirements, Hilton-Baird immediately introduced him to funders who would best suit the business and offer the right solution for the business’s needs.
The funding the business decided to go with was highly flexible, allowing them to continue to grow and move forward. The client chose a funder who offered a single fee structure, which gave him the visibility needed not having used invoice finance previously, as this structure gave him the comfort that the business would only be paying for the level of facility used.