Putting the structure in place
When faced with difficult circumstances, access to additional cash flow can help businesses to move forward.
After internal issues led to the business falling behind on VAT and PAYE arrears, our client wanted to close the business down and set up a more streamlined new company. They contacted the brokerage team at Hilton-Baird Financial Solutions, whose expertise helped to steer them towards the funding they needed.
Our client, a recruitment firm specialising in a range of sectors, was keen to select the right approach for moving forward. Specifically, the Managing Director was in search of the right type of funding for their requirements.
The team at Hilton-Baird worked to understand the needs of the business and were able to introduce a factoring solution, which worked well to keep their cash flow healthy whilst offering sales ledger management support, allowing them to focus on their core business.