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Success stories

Manufacturing Firm with multiple requirements

We recently spoke with a large manufacturing company in Leicester who were experiencing a number of cash flow issues. They were waiting approx. 60 days for payment from clients, they also had an opportunity to win a contract, but this meant they would need new equipment as well as bringing in experienced staff to ensure that they were capable of fulfilling the orders. They had been speaking with their high street bank for over a month with no firm offer on the table. Within a week, we had them setup with an invoice discounting facility to improve cash flow, we had organised an asset finance facility ensuring they were able to obtain the equipment they needed and spread the cost as well as sourcing a working capital facility for them to recruit new staff they needed to operate the new equipment. All in all we had a very happy client.

Background 

We recently spoke with a large manufacturing company in Leicester who were experiencing a number of cash flow issues. They were waiting approx. 60 days for payment from clients, they also had an opportunity to win a contract, but this meant they would need new equipment as well as bringing in experienced staff to ensure that they were capable of fulfilling the orders. They had been speaking with their high street bank for over a month with no firm offer on the table.

The Solution

Within a week, we had them setup with an invoice discounting facility to improve cash flow, we had organised an asset finance facility ensuring they were able to obtain the equipment they needed and spread the cost as well as sourcing a working capital facility for them to recruit new staff they needed to operate the new equipment.

The Result

All in all we had a very happy client.

I found Jamie to be incredibly professional and knowledgeable. He was able to analyse all of my separate issues and find an appropriate solution for each one respectively. He kept me up to date with each application and made the entire process seamless.
Manufacturing Company

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