The right funding at the right time
An SME will often reach a certain point in its business cycle where it needs access to further funding and to boost its cash flow to enable it to be in a position to grow.
Our client was in exactly this position. Despite his business having a strong, solid client base, the Managing Director believed it needed an alternative funding solution, such as invoice finance, in order to take further steps forward.
The need for extra funding was so essential to the business’s future plans that it was in the process of filling in the application form for a funder in hope to have access to working capital.
However, looking for additional insight, the Managing Director contacted Hilton-Baird Financial Solutions to find the right path. Hilton-Baird introduced him to two funders suitable for his business needs, whilst taking in to consideration his geographical location.
After being impressed by a particular funder, he opted for a factoring facility.
To see if we could help your business find the right funding for your requirements contact our team on 0800 9774833 or firstname.lastname@example.org. Alternatively, request a call back and one of our funding consultants will be in touch.