Supporting stable growth
The foundation of any successful business is a stable cash flow to support growth and expansion.
Unfortunately, with late payment posing a threat to stability, the ability to plan and achieve growth can be a real challenge.
A recruitment business was in search of the right funding facility to support their plans for future development and growth so they got in touch with our team to see if we could help.
Due to their continued success, the company, which specialises in sales candidates and the insurance sectors, was seeking to grow their own team.
After reviewing the business’s needs and the various options available, we introduced a selection of funding solutions that suited their requirements.
The business was keen to secure a loan facility that would offer flexibility, at a competitive rate, with additional future top-ups, as and when required, but without any early repayment fees.
In addition to helping the business secure a business loan, the company also now benefits from an invoice finance facility, to provide ongoing cash flow support.
The funding solution, which grows in line with their sales ledger, ensures the business has the available resource to reinvest and fast-track their growth.
Plus, the new facility enables our client to draw a high percentage of an invoice’s value within 24 hours of the invoice being raised, with the remainder available, less the facility fees, once the customer pays.
Inspired by this story of successful growth? Call our team on 0800 9774833 or email info@hiltonbaird.co.uk to find out how we could tailor a funding solution for your business.
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