Powering up production: How a working capital loan turned stock into sales
BishopSound Manufacturing & Design Ltd, a UK-based wholesale business specialising in speakers and public announcement systems, had reached a crucial point in their growth trajectory. With components sourced from China and enclosures produced and assembled locally, the firm was gearing up to fulfil a wave of distributor orders – but lacked the working capital to purchase the necessary stock and equipment and needed to raise funding.
Open to both secured and unsecured options, the business reconnected with the team at Hilton-Baird Financial Solutions, and we quickly identified the best providers and solutions for their consideration. A lending partner who offered an unsecured loan at a term that made repayments comfortable was selected and the business’s financial forecast was successfully supported.
The loan enabled immediate stock purchases and operational readiness, putting the business in a position to meet order volumes and build distributor confidence, with increased agility. Thanks to the wealth of experience from the Hilton-Baird team, the process was swift to arrange, collaborative and aligned with what the owner needed – to drive momentum without fuss or delay.
“It wasn’t just about getting a loan – it was about timing, clarity and support. The team at Hilton-Baird Financial Solutions were proactive and knew our business well enough to find the right fit without fuss.” Owner, BishopSound Manufacturing & Design Ltd
To explore the options available to your business, or to compare any existing facilities against the wider market, contact our team on 0800 9774833 or request a call back.