No more sleepless nights
Many businesses in the UK are keen to grow but do not have the funding in place to take advantage of new opportunities when they come along. Our client had this very problem when they began importing goods.
The wholesalers of field sport equipment started to import goods from China, which required payment with order. With limited funds in place, having to pay this money up front stretched their cash flow to the point that it was causing sleepless nights.
However, with the help of Hilton-Baird the business was able to agree a £400,000 funding deal to support their growth.
Previously the business had been using a bank overdraft but this did not give them the flexibility they needed to take advantage of new business opportunities when they came along.
With expertise across the commercial finance market and specialist knowledge of the invoice finance sector, Hilton-Baird were able to help the company find a facility that better suited their needs.
We introduced two funders that were right for our client’s needs, and put them in direct touch with the decision makers within the organisations. After weighing up the different options available to them the client opted for a confidential invoice discounting deal, giving them access to £400,000 worth of funding.
Having this facility in place has provided the business with peace of mind knowing that they can afford to import goods and continue to grow as a business.
For more information about how Hilton-Baird Financial Solutions could help your business, contact our team on 0800 9774833 or email info@hiltonbaird.co.uk. Alternatively, get a quick and easy invoice discounting quote.
