More than just a cash flow boost
There’s more to a successful finance facility than the level of funding it releases. In fact, often the relationship with the lender and level of service are just as important as the money you can access.
So, when relationships break down beyond repair or standards in service slip to unsatisfactory levels, it’s important for businesses to find a replacement facility that is better aligned to their expectations and requirements.
Our client had been with their funding partner for five years but the wholesaler of womenswear was experiencing poor service and constant changes in client managers, which made them feel unsupported going into the next business season.
Faced with unsatisfactory service and a deteriorating relationship with their lender, the business decided enough was enough.
After hearing about our services from a friend, the business owner got in touch with Hilton-Baird Financial Solutions and asked for help in quickly sourcing a new facility.
Our team considered the needs of the business and introduced the client to a shortlist of suitable funding providers who could meet the company’s requirements in terms of funding and service levels.
After assessing the options the client opted for a £150k trade finance facility and £250k invoice finance solution with the funder he felt would offer the best possible service going forward.
Equipped with their new funding partnership, the business can meet the demands of their next season and benefit from a much stronger relationship with the lender.
If your business could also benefit from a new funding partnership, contact our team today on 0800 9774833 or info@hiltonbaird.co.uk.
