Success Stories

Keeping Cash Flowing - Astringo Commodities Limited

Keeping cash flowing

Securing an invoice discounting facility helped our client to keep their cash flowing, invest in wider products and increase sales by 40%.

After a successful few years an IT wholesaler, founded in 2008, had begun offering credit terms to their customers and needed to bridge the gap between the issuing of invoices to receiving payment.

Upon speaking to his bank at the time, their Managing Director was unsure whether they were the correct option for what his business needed.

He ultimately contacted the Hilton-Baird Financial Solutions team in search for a suitable funding solution to allow his company to keep growing.

After taking the time to understand what the business needed, Hilton-Baird introduced a number of funders willing to offer a solution for his cash flow concerns. Subsequent to weighing up his options, he selected an invoice discounting solution from a funder that ticked all the relevant boxes for his business.

The Managing Director said: “We chose our funder for a number of reasons. Firstly we were introduced to the decision maker rather than going through any sales pitch. Additionally, the fact they were both upfront and honest showed they cared about doing right by us.

“Secondly, they understood how a small, up-and-coming business works and showed a refreshingly flexible and commercial attitude that seems to be missing with some banks or lenders.”

Since the invoice discounting facility has been in place, our client has secured ongoing business with some of their larger customers, as well as being able to reinvest the cash into wider products that has resulted in a 40% increase in sales.

“The invoice discounting facility we have has helped us to move forward and removed the cash flow worry which means we get to move forward as I see fit.

“Contacting Hilton-Baird was the catalyst my company needed to grow. Their knowledge of the industry was second to none and helped find the perfect funder for me.”

To see how much your business could access through invoice discounting get a quick quote. Alternatively, contact us on 0800 9774833 or info@hiltonbaird.co.uk to speak to one of our funding consultants.

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Some of the funders we work with

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

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We are a credit broker and not a lender and offer credit facilities from a panel of lenders