Rail industry supplier secures seamless funding transition to remain on track
Established in 1989, Dartford Composites Ltd, a Kent-based composite moulding company supplying specialist products to the rail industry found themselves needing a new financial partner. Their existing funder had served them well but was exiting the market and with goodwill, they recommended speaking to the team at Hilton-Baird Financial Solutions to help them with the refinance.
Drawing on deep commercial finance insight and experience, the team helped Dartford Composites Ltd navigate their options to ultimately select a new funding partner. Value, with a high standard of service, is what the client was used to and so this played a huge role in their selection process. The key was an alignment with the owner-managed funder and this sealed the decision – bringing a shared ethos and a more personable working style to the table.
The business secured a £500,000 Invoice Finance facility and the transition was seamless. Hilton-Baird were able to offer a guiding hand to ensure continuity without disruption. Furthermore, the team’s broad industry knowledge was instrumental in weighing up the market’s offering for the client, with clarity and confidence. The result? An effortless process during what could have been a stressful transition. Dartford Composites Ltd remains fully equipped to serve its rail clients with speed and reliability.
Mark Silvester, Director at Dartford Composites Ltd, looks back on the experience with our team positively, stating: “I trusted my old client manager and so when they suggested I contact Hilton-Baird Financial Solutions to help me find a new provider, I didn’t hesitate and I’m so glad about that. Hilton-Baird’s team understood the nature of our business from the outset. The transition was smooth and the visuals Hilton-Baird shared to bring each option to life gave us the confidence that we were making the right call.
“It was a change we hadn’t initiated or originally wanted, but in the end, it all felt effortless and right – Hilton-Baird made the pain of having to change factoring companies painless.”
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 here
